1.4 Flashcards

(5 cards)

0
Q

Be as clear and specific as possible when writing ______ in the purchase agreement.

A

clauses

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1
Q

You may write clauses in any blank lines on the purchase agreement or addenda labeled ______ or, you can use a blank addendum.

A

“other”

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2
Q

Contingencies should usually automatically ________ if no action is taken.

A

terminate

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3
Q

As listing agent, suggest that your sellers _______ poorly written clauses.

A

counter

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4
Q

Make clauses _______ if no action is taken.

A

self-destruct or terminate

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