The right to minerals that lie beneath the surface of the land, unless otherwise specified:
a. cannot be conveyed apart from the real estate surrounding the minerals
b. are kept by the original owner
c. are automatically transferred with the sale of real property
d. cannot be leased
Answer: c. are automatically transferred with the sale of real property
Business
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The primary document used to negotiate the transaction between a buyer and seller is a:
a. listing agreement. b. counteroffer. c. purchase agreement. d. waiver.
Business
For gross income purposes, most lenders want the borrower to have at least a:
a. 1 year work history b. 2 year work history c. 3 year work history d. 4 year work history
Business