Which is true of the Uniform Vendor and Purchaser Risk Act?
A. It ships the rest of them just to the property to the buyer should the buyer take occupancy of the premises.
B. It makes it illegal for the buyer to take possession of the premises as the buyer provides fire insurance for the premises.
C. Makes it illegal for the buyer to take possession of the premises unless the buyer provides for insurance for the premises and earthquake insurance, if the property is in an earthquake zone.
D. It states that if the premise are impacted by damage is covered by insurance, the insurance proceeds must be paid to the escrow.
Answer: A. It ships the rest of them just to the property to the buyer should the buyer take occupancy of the premises.
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