Questions and Answers
What is the completion date in a real estate transaction?
The date when the money is transferred to the seller and the land title is transferred to the buyer
What is the possession date in a real estate transaction?
The day the purchaser gets the keys and physical access to the property
What is the adjustment date in a real estate transaction used for?
To tally up the debits and credits to balance out the deal
What is the significance of July 1st in relation to property taxes?
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What does it mean when the vendor has paid the annual taxes for the property?
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Match the following promotional tools with their primary usage:
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Match the following components with their role in marketing:
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Match the following terms with their definitions:
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