At the time the expiration of an option to purchase, the optionee
A) can request his deposit back.
B) can renew the option or the same time period and terms.
C) can repossess the property.
D) forfeits his option money if he doesn't buy the property.
Correct Answer:
Verified
Q26: The legal grace period in an option
Q27: Howard signed an option with Paula giving
Q28: Under a conditional land sales contract,
A) legal
Q29: A land sales contract passes
A) the right
Q30: In most residential purchase agreements, the purchaser
Q32: Money paid upon signing of a contract
Q33: On a land sales contract, the seller
Q34: Which of the following is true of
Q35: An option is given wherein consideration is
Q36: After the seller has accepted an offer,
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