Offers made by buyers in real estate purchase agreements signed and submitted to

Question

Offers made by buyers in real estate purchase agreements signed and submitted to the owners of the described properties form:
a) bilateral contracts when accepted.
b) bilateral contracts until accepted.
c) unilateral contracts when accepted.
d) None of the above.
A seller's net sheet includes sections regarding:
a) the encumbrances of record.
b) the expenses of a sale.
c) the net proceeds remaining after deducting all sales-related expenses, fees and charges.
d) All of the above.
A seller's counter to an unacceptable purchase agreement offer may be written up by the seller's agent and submitted to the buyer using:
a) a new purchase agreement.
b) a counteroffer form.
c) Either a or b.
d) Neither a nor b.
Seller's agents sometimes delete terms or provisions in a signed purchase agreement they have received by lining them out with a pen or covering them with white-out, called:
a) interlineation.
b) rearrangement.
c) forgery.
d) defacing. It is the ___________ who are the primary users of contingency provisions in purchase agreements.

a) buyer and their agent
b) seller and their agent
c) lenders
d) All of the above. Offers made by buyers in real estate purchase agreements signed and submitted to the owners of the described properties form:
a) bilateral contracts when accepted.
b) bilateral contracts until accepted.
c) unilateral contracts when accepted.
d) None of the above.
A seller's net sheet includes sections regarding:
a) the encumbrances of record.
b) the expenses of a sale.
c) the net proceeds remaining after deducting all sales-related expenses, fees and charges.
d) All of the above.
A seller's counter to an unacceptable purchase agreement offer may be written up by the seller's agent and submitted to the buyer using:
a) a new purchase agreement.
b) a counteroffer form.
c) Either a or b.
d) Neither a nor b.
Seller's agents sometimes delete terms or provisions in a signed purchase agreement they have received by lining them out with a pen or covering them with white-out, called:
a) interlineation.
b) rearrangement.
c) forgery.
d) defacing. It is the ___________ who are the primary users of contingency provisions in purchase agreements.

a) buyer and their agent
b) seller and their agent
c) lenders
d) All of the above. Offers made by buyers in real estate purchase agreements signed and submitted to the owners of the described properties form:
a) bilateral contracts when accepted.
b) bilateral contracts until accepted.
c) unilateral contracts when accepted.
d) None of the above.
A seller's net sheet includes sections regarding:
a) the encumbrances of record.
b) the expenses of a sale.
c) the net proceeds remaining after deducting all sales-related expenses, fees and charges.
d) All of the above.
A seller's counter to an unacceptable purchase agreement offer may be written up by the seller's agent and submitted to the buyer using:
a) a new purchase agreement.
b) a counteroffer form.
c) Either a or b.
d) Neither a nor b.
Seller's agents sometimes delete terms or provisions in a signed purchase agreement they have received by lining them out with a pen or covering them with white-out, called:
a) interlineation.
b) rearrangement.
c) forgery.
d) defacing. It is the ___________ who are the primary users of contingency provisions in purchase agreements.

a) buyer and their agent
b) seller and their agent
c) lenders
d) All of the above.

Explanation / Answer

Offers made by buyers in real estate purchase agreements signed and submitted to the owners of the described properties form:

Ans: a:  bilateral contracts when accepted.

A seller's net sheet includes sections regarding:

Ans : All of the above

A seller's counter to an unacceptable purchase agreement offer may be written up by the seller's agent and submitted to the buyer using:

Ans: All of the above

Seller's agents sometimes delete terms or provisions in a signed purchase agreement they have received by lining them out with a pen or covering them with white-out, called:

Ans:interlineation

It is the ___________ who are the primary users of contingency provisions in purchase agreements.

Ans:a) buyer and their agent

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