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Exam (elaborations)

Contract of Sale-Montana Real Estate Exam; Questions with Complete Solutions

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Contract of Sale-Montana Real Estate Exam; Questions with Complete Solutions

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Contract of Sale-Montana Real Estate Exam; Questions
with Complete Solutions

The buyer's interest under a contract of sale is? Correct Ans-Equitable title (has the right to

get ownership)




What concept gives a vendee the right to sue the vendor for specific performance on a signed

contract? Correct Ans-Right of equity




The buyer under a contract of sale has: Correct Ans-Equitable title




The seller in a purchase contract situation is the: Correct Ans-Vendor




The vendee has: Correct Ans-Equitable title




A seller who defaults on a contract of sale may be forced to sell by being sued for: Correct

Ans-Specific Performancef




Equitable title: Correct Ans-Gives the buyer the right to sue the seller for specific

performance.

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