The interests of a seller and a buyer under a land contract are determined by

a. the doctrine of equality.
b. the doctrine of equal conversion.
c. the doctrine of equitable conversion.
d. treating land as personalty.

Answer : c. the doctrine of equitable conversion.

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All of these transactions are exempt from the duty to provide a written disclosure of property condition under the Texas Property Code EXCEPT

A) sale by a real estate license holder of a previously occupied single-family residential property. B) foreclosure sale. C) sale by a father to his son. D) conveyance of a primary residence from one former spouse to another under a divorce settlement agreement.

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Opinion leaders are also referred to as ________

A) influentials B) lower uppers C) innovators D) lagging adopters E) surrogate consumers

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