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LEGAL UPDATE I CHAMPION SCHOOL OF REAL ESTATE EXAM QUESTIONS AND ANSWERS VERIFIED 100% CORRECT The effective date of a contract is Nov 17th, which falls on a Wednesday. What is the last day that the buyer must deliver the earnest money? - ANSWER -Monday November 22nd ----- means the expenses incurred by escrow agent on behalf of the party entitled to the earnest money that were authorized by the contract or party. - ANSWER authorized expenses Keegan is writing up an offer on a si...

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4 pages

Written in 2025/2026

Grade A+

TheExamMaestro

LEGAL UPDATE I CHAMPION SCHOOL OF REAL ESTATE EXAM QUESTIONS AND ANSWERS VERIFIED 100% CORRECT Effective January 1, 2022, landlords are required to provide a notice to tenants regarding whether or not the landlord is aware that the property is in a 100-year floodplain. When must the notice be provided? - ANSWER -at or before execution of the lease Under the Fair Housing Act, who usually pays for a reasonable modification in a rental unit? - ANSWER -the tenant FHA acc...

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4 pages

Written in 2025/2026

Grade A+

TopGradeGuru