Question: when the Transfer Disclosure Statement (TDS) is not required? when the Exempt Seller Disclosure form is required?

when the Transfer Disclosure Statement (TDS) is not required?

when the Exempt Seller Disclosure form is required?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Economics Questions!

Q:

Question: A real estate sales agent may be employed by: a) any member of the public. b) their broker. c) Bo... (5 bookmarks) A real estate sales agent may be employed by: a) any member of the public....

Q:

complete a The physical condition of the land and improvements being purchased are NOT guaranteed by either sellers or broker, except as specifically set forth in the purchase agreement. For this...

Q:

Question 1 1 pts A broker brings his seller an offer from a potential buyer. If the seller asks about the buyer's race, the broker: Group of answer choices must disclose this information to the...

Q:

18. a. Which of the following is true about buyer's inspections. A buyer's inspection relieves the seller from disclosure obligations on the Transfer Disclosure Statement (TDS). b. A buyer's...

Q:

What is the legal effect of the term As Is or As-Is Sale in the CAR RPA in relieving the seller of obligations under the Transfer Disclosure Statement (TDS)? a. The seller need not complete the TDS....

Q:

What is the legal effect of the term As Is or As-Is Sale in the CAR RPA in relieving the seller of obligations under the Transfer Disclosure Statement (TDS)? a. The seller need not complete the TDS....

Q:

When an agent holds themselves out to be specially qualified in the subject matter expressed in an opinion, their opinion becomes: a) a positive statement of truth on which a buyer of lesser...

Q:

1. The __________ oversees, regulates, administers and enforces the real estate law. a) Department of Motor Vehicles (DMV) b) California Bureau of Real Estate (CalBRE) c) National Real Estate...

Q:

Note: two different statutes govern disclosures by sellers and real estate agents. One statute requires, with some exceptions, sellers to give buyers of one to four residential units a TDS form...

Q:

What is the legal effect of the term As Is or As-Is Sale in the CAR RPA in relieving the sellers broker/agent of obligations under the Agents Visual Inspection Disclosure (AVID)? a. The broker/agent...

Q:

How much can the manufacturer of superconducting magnetic energy storage systems afford to spend now on new equipment in lieu of spending $75,000 four years from now? The company's real MARR is 12%...

Q:

Wilturner Company incurs $74,000 of labor related directly to the product in the Assembly Department, $23,000 of labor not directly related to the product but related to the Assembly Department as a...

Q:

A bridge loan is: Group of answer choices Temporary financing. Long - term financing. Construction financing. Collateral financing.

Q:

List any activities for team building during the storming stage

Q:

10. First test yourself and then let another member of the group test you in relation to the following questions. If deviations occur, discuss why this might be. What can the results of this test be...

Q:

5. Based on your desired future, answer the following questions: (a) What do you want, i.e. what goals have you set yourself? Set up three goals in order of priority. (b) Why do you want this? (c)...

Q:

1. Discuss the following statements: (a) Its what you are best at that will be your downfall. (b) How can we learn but not learn? (c) Learning to see is different from seeing. (d) Creativity is...