When an offer to purchase has been accepted and signed by all parties, the licensee is obligated to deliver a signed copy of the purchase agreement to:

A. Purchased, seller and lender.
B. Purchased, seller and broker (s).
C, Purchaser, lender and broker (s).
D. Seller, lender and broker (s).

Answer: B. Purchased, seller and broker (s).

Business

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The type of deed commonly used to clear a cloud on the title of a property, to transfer interest between a husband and wife or to terminate an easement is:

a. quick claim deed b. quit claim deed c. grant deed d. warranty deed

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Which type of questions are most likely used in conjunction with company supplied forms and are often used in service, retail, wholesale, and manufacturing selling?

A) preplanned B) problem C) implication D) organization E) specific benefit

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