Pro forma statements are tools used by the company to monitor its profitability and obligations for the previous and/or current year

A prospective purchaser is interested in buying a lot in the mountains from a subdivider who does not have a real estate license. The buyer wishes to know about sewer assessments, liens, utilities to his lot, blanket encumbrances, and maintenance of streets. The source that would provide all of this information is the:

A: County engineer; B: Real Estate Commissioner; C: County planning director; D: Subdivider.

In a Torrens system the owner of property has a certificate of title showing the ownership

Indicate whether the statement is true or false