The seller is selling "as is" and does not want to complete the Seller's Property Disclosure. The broker should
a. ask the seller for a written list of all material facts
b. complete the disclosure for the seller
c. not be concerned because the broker is covered under caveat emptor
d. tell the seller that disclosure of material facts is optional because the property is selling "as is"
Answer: a. ask the seller for a written list of all material facts
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The accounting rate of return is calculated by dividing the average annual operating income by the average amount invested
Indicate whether the statement is true or false
Genentech, a biotechnology company, reported current assets of $2,209 million and current liabilities of $652 million in 2001, and in 2000, current assets of $1,793 million and $453 million of current liabilities. Calculate the current ratio for 2001.
A. 3.39 B. 3.62 C. 3.96 D. 4.00