When an offer to purchase is made on a property on which sales contract already exits, the licensee should be sure that the subsequent offer contains a contingency. If it does not, the licensee should:

A. Advise the seller to reject the offer and make a counteroffer contingent on the first contract nor closing.
B. Not present the offer to the seller.
C. Advise the seller to accept it and write in such a clause.
D. Advise the seller to accept the new offer. and cancel the exiting contract.

Answer: A. Advise the seller to reject the offer and make a counteroffer contingent on the first contract nor closing.

Business

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