If a purchaser is transferred to another city before closing, can he or she assign the contract and let the new purchaser close?
A. Yes, unless there is a statement in to contract to the contrary.
B. No, only the seller can transfer his or her interest to another party.
C. No, contracts cannot be assigned.
D. Yes, all contracts can be assigned.
Answer: A. Yes, unless there is a statement in to contract to the contrary.
Business
You might also like to view...
When must all the listings be renegotiated:
A. if the couple gets divorced B. if a broker dies C. if there are multiple offers D. a listing can never be renegotiated
Business
Organized stock exchanges provide the benefits of a continuous market, fair security pricing, and
helping businesses raise new capital. Indicate whether the statement is true or false
Business