100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Previously searched by you
Previously searched by you
logo
PCF - Chp. 4 Questions with 100% Correct Answers , Verified , Latest Update 2024 ,Graded A+, Complete solution $7.99   Add to cart
Quickly navigate to
Preview
  2.  
  3. PCF
  4.  
  5. PCF

Exam (elaborations)

PCF - Chp. 4 Questions with 100% Correct Answers , Verified , Latest Update 2024 ,Graded A+, Complete solution
 4 views  0 purchase
  • Course
  • PCF
  • Institution
  • PCF

PCF - Chp. 4 Questions with 100% Correct Answers , Verified , Latest Update 2024 ,Graded A+, Complete solution

Preview 2 out of 6  pages

Document information

  • August 2, 2024
  • 6
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

Subjects

  • pcf chp 4 questions with 100 correct answers

Written for

  • PCF
  • PCF

Seller

avatar-seller
AnswersCOM

Reviews received

Content preview

PCF - Chp. 4
__ __ __ are commonly referred to as home warranty companies - ANS-Residential
Service Companies

(Addendum Lead-Based) PARAGRAPH A. LEAD WARNING STATEMENT: -
ANS-Houses built prior to 1978, this notice states that lead exposure can be found in
paint.

(Addendum Lead-Based) PARAGRAPH B. SELLER'S DISCLOSURE - ANS-Select the
correct box to check that either they do or do not know of lead-based paint or
lead-based paint hazards

(Addendum Lead-Based) PARAGRAPH C. BUYER'S RIGHTS - ANS-Buyer to indicate
whether Buyer waives the right to conduct a risk assessment or inspection.

(Addendum Lead-Based) PARAGRAPH D. BUYER'S ACKNOWLEDGMENT -
ANS-Buyer will verify in check box that he or she has received copies of all information
mentioned above, and has received a copy of the pamphlet "Protect Your Family From
Lead in Your Home."

(Addendum Lead-Based) PARAGRAPH E. BROKER'S ACKNOWLEDGMENT: -
ANS-Broker must inform Seller of the seller's need to:
(a) provide Buyer with the above named pamphlet on lead poisoning prevention
(b) complete this addendum
(c) disclose if Seller is aware of lead-based paint and/or lead based paint in or on the
property
(d) deliver all records and reports to Buyer concerning lead-based paint and/ or
lead-based paint hazards in the property (e) give Buyer 10 days to have property
inspected by an inspector of Buyer's choice
(f) keep a copy of this addendum for at least 3 years following the sale of the subject
property. Brokers must ensure compliance.

(Addendum Lead-Based) PARAGRAPH F. CERTIFICATION OF ACCURACY: -
ANS-Certification that everybody is aware that the addendum is correct. The broker,
seller, and buyer signs this.

, (Earnest Money Requirement) PARAGRAPH 5. EARNEST MONEY: What is the format
to write this? - ANS-Amount of earnest money, name and address of the title company.
If additional, enter the amount and then the amount of days.

(Environmental Assessment) PARAGRAPH A, what does the box mean? -
ANS-Environmental assessment - Box is checked if the buyer wishes to obtain it.

(Environmental Assessment) PARAGRAPH B, what does the box mean? -
ANS-Checked if Buyer is concerned that there may be threatened or endangered
species or their habitat on the site

(Environmental Assessment) PARAGRAPH C means that? - ANS-If there is a concern
regarding wetlands, Buyer will want to do an assessment.

(Property Condition) D(1) means? - ANS-Buyer accepts property in its present condition

(Property Condition) D(2) means? - ANS-The buyer accepts the property in its present
condition provided that the seller complete certain specific repairs and treatments

(Property Condition) PARAGRAPH 7.A. ACCESS, INSPECTIONS AND UTILITIES -
ANS-Seller allows the buyer to run any inspections as wanted during a reasonable time.

(Property Condition) PARAGRAPH 7.B. SELLER'S DISCLOSURE NOTICE
PURSUANT TO § 5.008, TEXAS PROPERTY CODE (NOTICE): - ANS-Sellers
disclosure should be given to the buyer prior to making the offer. This comes with three
options:

PARAGRAPH 7.B.(1) The buyer has received the notice. This is the most desirable
option if the seller is obligated to provide a seller's disclosure.

PARAGRAPH 7.B.(2) The Buyer has not received the notice, and can terminate for any
reason up to 7 days after receiving the notice or prior to closing whichever occurs first.

PARAGRAPH 7.B.(3) If the seller is not required to provide the notice, check this box.

(Property Condition) PARAGRAPH 7.C. SELLER'S DISCLOSURE OF LEAD-BASED
PAINT AND LEAD- BASED PAINT HAZARDS: - ANS-Houses built prior to 1978 must
have the lead based paint addendum attached to the contract.

(Property Condition) PARAGRAPH 7.D? - ANS-Acceptance of property condition

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller AnswersCOM. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

75632 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.99
  • (0)
  Add to cart