A broker present an offer on behalf of her buyer. The offer is accepted, escrow is open, and the transaction closes 45 days later. The broker must keep the contract and the file of the transaction for three years but dating from which event?
a. From the date the purchase contract was signed by the buyer.
b. From the date the purchase contract was accepted by the seller.
c. From the date escrow was opened.
d. From the date escrow closed.
Answer: d. From the date escrow closed.
Business
You might also like to view...
Creativity can be defined simply as the process of
a. doing two things at once. b. developing novel ideas that can be put into action. c. providing feedback. d. implementing a plan
Business
The use of you-messages is indicative of low-level maturity
Indicate whether the statement is true or false.
Business