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CHAMPIONS - LAW OF CONTRACTS STUDY GUIDE RATED A+ $14.00 Add to Cart
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Download DocumentQuitclaim Deed
{Ans: A deed to relinquish any interest in property which the grantor may have, without any warranty of title or interest.}
Quitclaim Deed
{Ans: Bill and Sally got divorced. Sally wants to sell the house but Bill has to sign a}
Earnest money is deposited in an escrow account when:
{Ans: The contract is signed by all parties and acceptance
Contingency
{Ans: A provision in a contract that requires a certain act to be done or a certain event to occur before the contract becomes binding. It's basically an offer}
License holders should ensure that any _____________ ______________ added to a contract are factual statements that do not change the legal effect of the contact
{Ans: Special Provisions}
Encumbrance
{Ans: A claim or liability that attaches to the land & is held by one who is NOT the fee owner.}
An example(s) of an appurtenance would be:
{Ans: Easement}
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