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A Lessee Is in Possession of a Valid Lease When

Question 36

Multiple Choice

A lessee is in possession of a valid lease when a buyer agrees to assume a veteran's loan and close a sale subject to the lease. The earnest money contract is signed before the lease is due to expire. The lease can


A) be terminated immediately.
B) be changed by the new buyer.
C) not be terminated by the buyer.
D) be terminated at close of escrow.

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