Real Estate Transaction Inclusions Quiz

BestSellingErhu avatar
BestSellingErhu
·
·
Download

Start Quiz

Study Flashcards

12 Questions

What was the unusual item included in the offer to purchase?

The dining room table

Why did the buyer initially walk away from the sale?

The seller did not want to include the dining room table

What is typically included as personal property in a home sale?

Appliances attached to the home

How did Shanti resolve the situation?

Shanti found another buyer who did not want the table

What is the significance of the phrase "how the tables would have turned"?

It refers to the potential confusion over the dining room table

What is the main lesson Shanti's story conveys for real estate professionals?

The importance of clear communication between all parties

What was the reason behind the buyer walking away from the sale?

Disagreement over the inclusion of a dining room table

What personal property items are commonly included in a home sale?

Stove, refrigerator, dishwasher

Why was Shanti's job unusual in this particular home sale?

Her role is generally limited to selling real estate

What potential confusion could have arisen if Shanti hadn't clarified the situation with the buyer and seller?

Seller keeping personal property without conveying it

What was the key sticking point that led to the first buyer walking away from the sale?

Inclusion of a dining room table in the sale

Why is it uncommon for a real estate broker like Shanti to include personal property like a dining room table in a sale?

Personal property is often dealt with separately from real estate sales

Test your knowledge on real estate transactions and inclusions with this quiz based on a field note from a broker in Wisconsin. Learn about including personal property in sale agreements and get ready for topics covered in future chapters.

Make Your Own Quizzes and Flashcards

Convert your notes into interactive study material.

Get started for free

More Quizzes Like This

Use Quizgecko on...
Browser
Browser