Question: Question 1 & explain correct answer please When buyers move into their new house, they see that the ceiling fan in the dining room is
Question 1 & explain correct answer please
When buyers move into their new house, they see that the ceiling fan in the dining room is gone and bare wires are hanging from the hole. The ceiling fan was NOT mentioned in the offer to purchase. Did the sellers have the right to take the ceiling fan?
A - No, because it was a fixture in the house.
B - No, because it was chattel.
C - Yes, because it was the sellers' personal property,.
D - Yes, because it was not referenced in the contract.
Question 2 & explain correct answer please
A broker and a prospective seller are discussing the listing of a house that is not in her usual area of business. It was a referral from another family member. The broker is at the house with the seller and is thrilled to see what decent shape it is in. The house has been vacant since the seller's husband died the year before. Which one of the following actions should the broker give the highest priority when deciding at what price to list this property?
A - Ordering a termite inspection.
B - Finding out how much equity the owner has in the property.
C - Holding a twilight open house and inviting all the neighbors.
D - Running a list of active properties that have the same characteristics.
E - Looking up the tax assessor's information to verify that the taxes are paid up to date.
F - Performing a visual inspection by walking the property, surrounding area while taking notes.
G - Running a list of sold properties within the past 90 days with similar square footage, features and area.
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