Information that a real estate sales associate should obtain from a prospective property seller to make sure that all contingencies are covered in the listing agreement including the status of all existing loans on the property.
This is further explained below.
Generally, A loan is the borrowing of funds from one or more people, businesses, or other institutions to other people, businesses, or other entities.
In conclusion, Data that a real estate agent should request from a potential property seller to ensure that all variables, such as the status of any outstanding loans just on house, are addressed in the agreement.
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complete question
Information that a real estate sales associate should obtain from a prospective property seller to make sure that all contingencies are covered in the listing agreement includes
A)
the seller's credit rating.
B)
the status of all existing loans on the property.
C)
information on all present occupants of the property.
D)
the date the seller purchased the property, and the purchase price.
