A due-on-sale clause requires the immediate return of earnest money at closing

Indicate whether the statement is true or false

FALSE

Business

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A recording statute gives potential purchasers of real property the ability to determine whether there are existing liens on a property

Indicate whether the statement is true or false

Business

Which types of property interests can be sold?

A) Fee simple defeasible and life estate B) Fee simple absolute, fee simple defeasible, and life estate C) Fee simple absolute and life estate D) Fee simple absolute and fee simple defeasible E) Fee simple absolute only

Business