Why am i getting wrong answers CAN SOMEONE READ CAREFULLY AN

Why am i getting wrong answers. CAN SOMEONE READ CAREFULLY AND ANSWER

When a real estate salesperson arranges a transaction on the OREA Agreement of Purchase and Sale form for a typical residential property, what are the generally recognized guidelines t search the title for the property? 22 o select the length of time to a The time period to search the title should not expire any later than 15 days after the confirmation b The time to search the title should not expire before all conditions are waived or fulfilled, while till providing c As stated in the agreement of purchase and sale, the buyer\'s lawyer is always permitted until up to five days d The time to search the title should expire no later than five days before the waiver or notice of fulfillment of of acceptance has been signed an adequate time period prior to the completion date prior to the completion date to perform the title search. any conditions is required Based on the pre-printed clauses in the OREA Residential Agreement of Purchase and Sale, Form 100, is the seller obligated to provide a survey to the buyer? 23 a No, the seller is only required to provide a survey which is in his possession or control b Yes, it is part of the adjustments on closing. c No, there is no mention of a survey in the pre-printed clauses. d Yes, the seller is required to pay for and provide a new survey to the buyer You are representing a buyer in the purchase of their first home. The agreement of purchase and sale identified a requisition date of October 15th, and your buyer\'s lawyer has now completed both the title and non-title searches 24 Which of the following would be included in your buyer\'s lawyers requisition letter to the seller\'s lawyer? A request for a declaration that the seller has occupied the premises. A request for A request for evidence that the intended future use of the property by the buyer is legal. A request for evidence that title is marketable and there is no cloud on title. a b evidence that the existing fire insurance policy can be transferred from the seller to the buyer d

Solution

ANSWER OF THE 1ST(22) QUESTION IS

OPTION \"C\"

EXPLENATION:

we have to choose the earlier of two dates:

(i) thirty days from the later of the Requisition Date or the date on which the conditions in this Agreement are fulfilled or otherwise waived

OR

(ii) five days prior to completion.

ANSWER OF THE 2ND(23) QUESTION IS

OPTION \"A\"

ANSWER OF THE 3RD(24) QUESTION IS

OPTION \"C\"