Colorado Real Estate Terms Questions And Answers 100% Verified A+ Guaranteed

A primarily white neighborhood was starting to change over to more racially mixed demographic. An advertisement said "sell now before it's too late". Can the realtor be in trouble for this and if so, under what premise? Yes, this is blockbusting Yes, this is redlining No, as long as the properties she sells do not involve government loans No, as long as no explicit statements are made as to race or origin {Ans: Yes, this is blockbusting}The failure to perform provisions of a contract without a legal excuse is known as a(n): termination of contract exclusions option breach of contract {Ans: breach of contract}In this situation, the grantor promises to obtain and deliver any instrument needed to make the title good is the: covenant of seisin covenant against encumbrances covenant of quiet enjoyment covenant of further assurance {Ans: covenant of further assurance}The benefit, interest or value that induces a promise, and the glue that binds a contract, is known as: an option consideration earnest money novation {Ans: consideration}epreciation caused by deterioration to the physical structure is: Functional Obsolesence Physical Obsolesence External Obsolesence Deteriorating Obsolesence {Ans: Physical Obsolesence}The buyer or purchaser under a land contract is