CALIFORNIA REAL ESTATE LAW
Study this set o nline at: https://www.cram.co m/flashcards/califo rnia-real-estate-law-
46 55217
Af ter escrow i nstructi ons have been si gned, the escrow agent may ref use to obey i nstructi ons recei ved f rom the broker
I f escrow i nstructi ons f ai l to provi de f or the date of possessi on, possessi on wi l l
at cl ose of escrow
be gi ven
*the buyer and the escrow *the agent and the escrow *the buyer, sel l er, agent and
An amendment to the escrow i nstructi ons requi res the agreement of
escrow
When the si gned escrow i nstructi ons di f f er f rom the purchase agreement the escrow takes precedence
, CALIFORNIA REAL ESTATE LAW
Study this set o nline at: https://www.cram.co m/flashcards/califo rnia-real-estate-law-
46 55217
M edi ati ng buyer-sel l er di sputes i s N OT a duty of an escrow
A real estate broker, not l i censed as an escrow can conduct an escrow when the *a representati ve of the sel l er *a representati ve of the buyer *a pri nci pal to the
broker i s transacti on
Accepti ng escrow i nstructi ons wi th bl anks to be f i l l ed i n by the escrow af ter the
woul d be an i mproper acti on taken by escrow
i nstructi ons are si gned
A broker whi l e not l i censed as an escrow, conducti ng escrows on the broker's sal es
charge f or escrow servi ces
can
Study this set o nline at: https://www.cram.co m/flashcards/califo rnia-real-estate-law-
46 55217
Af ter escrow i nstructi ons have been si gned, the escrow agent may ref use to obey i nstructi ons recei ved f rom the broker
I f escrow i nstructi ons f ai l to provi de f or the date of possessi on, possessi on wi l l
at cl ose of escrow
be gi ven
*the buyer and the escrow *the agent and the escrow *the buyer, sel l er, agent and
An amendment to the escrow i nstructi ons requi res the agreement of
escrow
When the si gned escrow i nstructi ons di f f er f rom the purchase agreement the escrow takes precedence
, CALIFORNIA REAL ESTATE LAW
Study this set o nline at: https://www.cram.co m/flashcards/califo rnia-real-estate-law-
46 55217
M edi ati ng buyer-sel l er di sputes i s N OT a duty of an escrow
A real estate broker, not l i censed as an escrow can conduct an escrow when the *a representati ve of the sel l er *a representati ve of the buyer *a pri nci pal to the
broker i s transacti on
Accepti ng escrow i nstructi ons wi th bl anks to be f i l l ed i n by the escrow af ter the
woul d be an i mproper acti on taken by escrow
i nstructi ons are si gned
A broker whi l e not l i censed as an escrow, conducti ng escrows on the broker's sal es
charge f or escrow servi ces
can