Question: Which statement about the Optional Clauses Addendum is true? Personal property left by the sellers does not become the property of the buyers on possession.

Which statement about the Optional Clauses Addendum is true?

Personal property left by the sellers does not become the property of the buyers on possession.

Information on insulation is required to be provided to buyers on all new construction.

Leases on any leased property automatically pass to the buyers.

The seller must replace any appliance that malfunctions prior to the buyers taking possession.

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 General Management Questions!

Q:

FAA APARTMENT LEASE CONTRACT NAA NATIONAL APARTMENT ASSOCIATION Date of Lease Contract: (when the Lease Contract is filled out) This is a binding document. Read carefully before signing. Moving In -...

Q:

Questions:1.Is there a contract between any of the parties? If there is a contract(s), describe and detail the operative legal principles,2. There were several purportedly contractual negotiations or...

Q:

Residential Contract For Sale And Purchase THIS FORM HAS BEEN APPROVED BY THE FLORIDA REALTORS AND THE FLORIDA BAR LY, FloridaRealtors PARTIES: ("Seller") and ("Buyer"), agree that Seller shall sell...

Q:

Page of 5 O - ZOOM + Press esc | to exit full screen PURCHASE AGREEMENT One-to-Four Residential Units - Conventional and Carryback Financing Prepared by: Agent Phone . Broker Email NOTE: This form is...

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:

How can you fill out this purchase agreement? Fill out hypothetical purchase contract Nebraska Purchase Agreement Typed.docx Download Nebraska Purchase Agreement Typed.docx using data and information...

Q:

I am doing tax return project. attachments are the materials professor provide. He wants me to do a current year engagement file (Similar with prior year engagement file). AC 371 Tax Return Project...

Q:

Advanced Scenario 7: Mark and Barbara Matthews Directions Using the t oware complete the tax retur, including Form 1040 and all appropri- ate forms, schedules, or worksheets. Answer the questions...

Q:

I need assistance filling out a 1040. Along with Schedule A & B for Federal Tax. Can anyone offer any help? SCHEDULE A (Form 1040) OMB No. 1545-0074 Itemized Deductions Department of the Treasury...

Q:

This question doesn't violate honor code it is for my personal knowledge. I just need help with the questions below I have a California Real Estate Exam that is coming up soon at the end of this...

Q:

Al Quick, the president of a New York Stock Exchange-listed firm, is very short-term oriented and interested in the immediate consequences of his decisions. Assume a project that will provide an...

Q:

The home window main menu bar contains such functions as Select one: a. tool buttons, sizing buttons, open buttons, close buttons b. recording general journal entries. c. recording general ledger...

Q:

2. True Or False. Th e eff ect of begging the question is to hide the fact that a premise may not be true.

Q:

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...