Champions Real Estate Exam Questions
and Answers
The 6 week deadline has passed, and guy hasn't secured financing. He claims he hasn't even
tried because theres been a delay in receiving his inheritance, which he claims to receive in a
week. Guy states he's not sure if he still wants the proper...
C. The sellers under no obligation to renegotiate the sales price and may still seek legal
remedies against guy if he doesn't complete the sale.
D. None - Answer✔✔-C. The sellers under no obligation to renegotiate the sales price and may
still seek legal remedies against guy if he doesn't complete the sale.
If guys mother decides to become a co-borrower and co-owner of the home, it would make
sense if the parties have a contract
A.A,mendment
B.Termination
C.Assignment
D.Novation - Answer✔✔-D. Novation
The right of the government to take privately owned land for public use is called _ - Answer✔✔-
Eminent Domain
Releases can terminate ________
(a) easements
(b) prescriptions
(c) implied grants
(d) necessities - Answer✔✔-A. Easements
In order to be valid, a lease must have which of the following requirements?
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