Real Estate State Exam Accurate 100%

Impossibility of performance {Ans: destruction of physical improvements. Death of a buyer or seller.}Broker ______ be a ________ on the escrow account {Ans: must; signatory}real estate {Ans: human made improvements permanently attached to land. homes factories streets fences sewers}Acceptance {Ans: Communication of the acceptance of an offer creates a contract. Must comply strictly with the terms of the offer}If the seller wants to be completely free of original mortgage loan must create a __________ agreement. Which makes the buyer solely responsible for debt {Ans: NOVATION}Broker must notify FREC of ________ _____ within _____ days {Ans: conflicting demands; 15}