when property already under contract in case of fall through, Seller Financing Addendum: seller finances buyer, environmental assessment addendum, condo resale certificate: seller must provide before closing, coastal area property addendum, property located seaward addendum: notifies ...
When a person purchases real estate, the seller signs a deed that transfers ownership. If the buyer borrows money, he must sign a legal document from the bank or other lender who is providing the loan for the property. Most states call the loan document a mortgage, but some states, includ...
seller (principal) - broker (agent) - buyer (customer) In a traditional real estate transaction___ the is represented by a ___ with the property being sold to a ___ Mediation The process by which a neutral third party assists parties in a conflict situation, hopefully arriving at a mut...
D. The fact that the seller is a licensed real estate salesperson C. The information from any TR addendumTR addenda information can be added in special provisions. Only TREC addenda information is prohibited. There is a TREC addenda for answer a, and answer d is covered in the contract ...
Which of the Texas Real Estate Commission addenda contains the words "time is of the essence?" - ANSWER-They are The Addendum for Sale of Other Property by Buyer, The Back-Up Addendum, and the Third-Party Financing Condition Addendum. An option clause is always in...
a. The estate b. The property c. The listing d. The homestead B The Third Party Financing Addendum for Credit Approval cannot be used for ___. a. VA guaranteed loans b. FHA insured loans c. Seller Financing d. Texas Veterans Loans...
Reverse Mortgage Financing Addendum. The Reverse Mortgage Financing Addendum is not a TREC promulgated addendum; it was approved for voluntary use for a time but no longer exists. Which of the following forms of advice can a licensee give to an unrepresented buyer?