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Chapter 9: Purchase and Sale Agreements (Colibri Real Estate) Exam 2025 With 100% Correct Answers
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Maria offered to purchase Alexander's house for $135,000. After talking it over with his agent, Alexander signed the offer and returned it to Maria. At this point, what type of title does Maria have to the house? Legal Indivisible Equitable Chattel - correct answers Equitable A buyer receives equitable title to the property once the sales contract has been signed. Siobhan listed her property with ABC Realty. She asks her agent, Robert, to draft deed covenants that will prevent a ...
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