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Contract of Sale-Montana Real Estate Exam; Questions with Complete Solutions
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Contract of Sale-Montana Real Estate Exam; Questions with Complete Solutions
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Contract of Sale-Montana Real Estate Exam; Questionswith Complete Solutions
The buyer's interest under a contract of sale is? Correct Ans-Equitable title (has the right to
get ownership)
What concept gives a vendee the right to sue the vendor for specific performance on a signed
contract? Correct Ans-Right of equity
The buyer under a contract of sale has: Correct Ans-Equitable title
The seller in a purchase contract situation is the: Correct Ans-Vendor
The vendee has: Correct Ans-Equitable title
A seller who defaults on a contract of sale may be forced to sell by being sued for: Correct
Ans-Specific Performancef
Equitable title: Correct Ans-Gives the buyer the right to sue the seller for specific
performance.
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