Marketing questions

  1. Explain the difference between marketable title and insurable title
  2. What items usually are prorated in a real estate contract
  3. If, under a real estate contract, the seller is to provide financing to the purchaser, what issues should be
    covered concerning seller financing?
  4. At what time do most real estate contracts provide that the purchaser will take possession of the property?
  5. What is a closing, and why is its date important in a real estate contract?
  6. What is earnest money, and what is its role in a real estate contract?

Sample Solution