An escrow officer may do which of the following when real property is being escrowed?

a. Settle a disagreement regarding the escrow instructions between the buyer and seller.
b. Accept written instructions from the seller and buyer to change the price and terms without the approval of any broker.
c. Cancel the escrow if the buyer doesn't perform in a timely manner.
d. Recommend amended escrow instructions which contain a blank to be filled in after signing.

Answer: b. Accept written instructions from the seller and buyer to change the price and terms without the approval of any broker.

Business

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