Question: Question 1 & Explain Answer Please A prospective seller has arrived to discuss a listing with a broker for a 3-bedroom, 1-bath house with a

Question 1 & Explain Answer Please

A prospective seller has arrived to discuss a listing with a broker for a 3-bedroom, 1-bath house with a swimming pool and 2 car detached garage. She explains to the broker that her mother had the property in a trust and she has two sisters that have an equal share of their mother's estate. The house faces the freeway and the prospective seller says she has been at the house during rush hour and hasn't noticed any noise. There is also some kind of work going on in a vacant lot next to the house. What should the broker do nert?

A - Ask to see her identification, a copy of the trust and review the preliminary report before she does

anything further with the sale.

B - If in agreement with prospective seller, prepare a 6-month probate listing agreement.

C - Have the other siblings sign a release of liability form so the prospective seller can be the designated signor of all the paperwork.

D - Gather information that is necessary to properly disclose the activity, construction and noise in the neighborhood.

Question 2

Which of the following is most correct regarding a seller's rights when she has countered an offer to purchase and another offer is presented?

A - The seller must wait for either an acceptance or rejection of her counter offer before accepting the new offer.

B - The seller may accept another offer if she first cancels the counteroffer before it is accepted.

C - The seller must give the same counteroffer to all offerors.

D - The seller may accept the second offer, even if she has received notification that her first counteroffer is accepted.

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