Real Estate Transaction Inclusions Quiz
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Questions and Answers

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

  • The stove
  • The refrigerator
  • The dining room table (correct)
  • The dishwasher
  • Why did the buyer initially walk away from the sale?

  • The buyer changed their mind about the property
  • The price negotiation failed
  • The closing date was not agreeable
  • The seller did not want to include the dining room table (correct)
  • What is typically included as personal property in a home sale?

  • Furniture and decor items
  • Artwork and collectibles
  • Outdoor patio furniture
  • Appliances attached to the home (correct)
  • How did Shanti resolve the situation?

    <p>Shanti found another buyer who did not want the table</p> Signup and view all the answers

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

    <p>It refers to the potential confusion over the dining room table</p> Signup and view all the answers

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

    <p>The importance of clear communication between all parties</p> Signup and view all the answers

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

    <p>Disagreement over the inclusion of a dining room table</p> Signup and view all the answers

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

    <p>Stove, refrigerator, dishwasher</p> Signup and view all the answers

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

    <p>Her role is generally limited to selling real estate</p> Signup and view all the answers

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

    <p>Seller keeping personal property without conveying it</p> Signup and view all the answers

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

    <p>Inclusion of a dining room table in the sale</p> Signup and view all the answers

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

    <p>Personal property is often dealt with separately from real estate sales</p> Signup and view all the answers

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