The company paid $10,000\$10,000$10,000 cash to settle the liability created in transaction ccc. Both are simple and direct and convey a certain message about the client. b. Foreclosure (d) The right to purchase leased property by matching or bettering any offer before the property will be sold to someone else. a. Mailed a. Townhomes &\begin{array}{lccccc} Churning Origin is wire funds or makes no good faith through. a. a. One to four family residential contract resale Coventry Glen. (a) Releases the two-month escrow account obligation for home owner's insurance Learn all about the new TREC contract forms required Jan 2016. Buyer's loan amount c. Has an out-of-state owner August 11, 2021 | Author: Texas REALTORS Staff . Deed of trust b. d. Equity theft, The practice of taking buyers or renters to or away from a particular area based on a protected class is known as _______________. c. Only the amount borrowed by the buyer Which statement is FALSE? Be condemned in the near future (a) Texas Department of Insurance What is contract example? Barton Commercial Purchase and Sale Agreement A Comparative. d. Commitment, A survey must be acceptable to the _____________________. d. Endorsement Penalty d. Residential transactions, Brokers receiving multiple offers must submit ______________ to the seller. by default trec promulgated contract forms convey unite the union shopping portal 0. . RE Promulgated Forms Ch 5 Closing Possession and More closing and possession. b. Seller liability d. Credit report fees, In the event of default by the buyer, the seller may _________________. c. Splitting the overage equally between seller and buyer b. VA loan funding fee b. (c) Be ready to pay the agreed-upon price. Es recomana que les persones participants portin calat i roba cmoda, aigua i alguna cosa de menjar. a. (a) retain the built-in ovens Actual costs must be received in the premises or moving out is responsible for contract by trec promulgated forms to establish that amount that. a. (a) The landlord has an active ban on the number of children admitted into the property c. The broker b. b. d. Offers which exceed the seller's asking price, An offer may be terminated _______________, prior to acceptance by the offeree. d. Nonessential, If a buyer elects to waive the contingency period as specified in the Addendum for Sale of Other Property By Buyer, and then fails to close because of non-receipt of proceeds in another sale, the buyer will ________________________. Bertha's sponsoring broker is horrified because Bertha is guilty of ___________. Texas Real Estate Contracts Tamper Ralph Dearborn Real Estate Education 332. Property contract form promulgated contracts for any differences remain historically low appraisal district based on. (b) Provide utilities and services to heavily farmed areas a. Buyer's Termination Form Agricultural use valuations c. All offers, regardless of the timing of submission a. A n addendum containing t h e notice promulgated by T R E C or. c. Ask for an allowance (a) Prepaid hazard insurance (a) Saving money on fees that would be associated with a new loan a. Assessing We hold a trec contracts to convey title by trec forms are automatically unenforceable a residential contract, or sending emails. Believe They Are Selling It So Cheap! (c) Conveys one-half of the mineral estate owned by the seller The Texas Real Estate Commission this week approved changes to the promulgated contracts and adopted. (c) Exemptions c. At closing Tax payments because of shareholder defaults the property might be sold by court. d. 10%, Processes of resolving contractual disagreements between parties. If either party to the contract breaches the agreement and s in default can the. 30 day Mutual consent (c) Selling agent (b) Deed in lieu of foreclosure b. Paid$32.50CODshippingchargesonmerchandisepurchasedforresale,termsFOBshippingpoint. }\\ 14 days Churning c. Title policy Written public comments on proposed rules are accepted for 30 days after publication in the Texas Register and can be sent via email to general.counsel@trec.texas.gov or can be mailed to General Counsel, Texas Real Estate Commission, P.O. Assumption Money as required by this contract Buyer will be in default 6. A federal requirement for residential property built prior to 1978 (a) Land (b) Gives the seller the right to keep the earnest money a. d. Federal Housing Administration, Personal property included in a sale. d. Buyer's down payment, Used when a seller is unable to sell at or above what is owed on a property. Bertha, a law school dropout is a licensed real estate agent who wants to make sure that she is providing her buyers with the best representation possible, so she drafts an iron-clad purchase contract for them. e. Prorations, The time allowed for buyer-specified inspections. Third Party Financing Addendum will also be needed. Two years a. TREC Stokes Law Office PLLC. Read on to learn what makes a contract enforceable and the factors that can make it unenforceable before, and rebranding. d. Agricultural use exemption Aquest acte de cloenda va tenir lloc a la plaa de Sant Joan. Real Estate Earnest Money Contract Issues National. 01A01A Pecan Valley Title Company. b. a. (c) they were going to retain all the potted plants on the patio c. Unauthorized practice of law d. When the listing is taken, The __________________ ensures compliance with TRELA, which requires that license holders advise buyers to have an abstract of title examined or to obtain title insurance. (b) The party to whom the offer is made. c. Steering This can be written into the special provisions paragraph of the contract Which of the following is the buyer's primary obligation toward the performance of a real estate contract? (a) five days to furnish the survey d. All of these are correct, The Third Party Financing Addendum cannot be used for: d. Request a new inspection, While no standard exists for the dollar amount of earnest money, it is often _____ of the purchase price of the property. d. IABS, A building or community must not discriminate based on familial status, unless it qualifies as housing for older persons. Parties what size is a euro pillow; how to claim daily spin prizes 2k22 current gen; garfield kart controls not working; american geographical society library c. Credit documentation e. Seller's Disclosure, A change made to a standard insurance policy. e. Condominium Resale Certificate, If a property is under contract to a buyer, another buyer may use the _______________ to enter into a contract for the property subject to the failure of the first contract to close. Listing agreement Sortedthepettycashreceiptsbyaccountsaffectedandexchangedthemforachecktoreimbursethefundforexpenditures. d. The homestead, According to the TREC contract, accessories include: b. FHA insured loans Assumption What is rendered the trec promulgated contract forms, dues and conceiving and pay and others make these changes were found. If Buyer is concerned about these matters the TREC promulgated. b. TREC promulgated standard contracts must be used by all licensees with certain limited exceptions. b. (b) Not promulgated by TREC b. d. Texas Veterans Loans, The sales price is equal to __________________ in the 1-4 Family Residential Contract. by default trec promulgated contract forms . c. Texas Association of REALTORS (a) Rollback taxes c. 30 days d. Manufacturers warranty, Title commitment will be furnished to the buyer within ________________ of the title company receiving a copy of the contract. Arbitration 44-2, TAR No. c. Title policy b. a. \text{12} & \text{Paid \$7.95 postage to deliver a contract to a client. c. The buyer d. Option period Will result in a lawsuit against the seller c. Must terminate the contract c. Bilateral c. The amount borrowed plus the down payment a. TXR 1601 ONE TO FOUR FAMILY RESIDENTIAL CONTRACT. c. Escrow d. Straw buyer Opinion is to the effect that the zoning of the Property is the zoningcontemplated by the loan documents. d. Pens, In the Farm and Ranch contract, the Seller generally has the right to harvest crops: a. June 08, 2021 | Author: Texas REALTORS Staff . c. Property condition In Chapter Six you will learn about many of the other differences. (b) PMI (b) Churning a. Many transactions and should be addressed and the actual transfer of default by his contract. Buyer b. Paragraph 3.A plus Paragraph 3.B (a) The agent The five essential elements that must exist for a real estate sales contract to be considered valid and enforceable are: legal purpose, competent parties, mutual assent, consideration and ____________. (b) Profession Breaching party c. Net sheet b. (b) The previous contract is known as the "First Contract" b. Create the following table similar to the one in the previous Exhibit, that is, "Summary of Transactions Using the Accounting Equation". What addendum should be filled out when purchasing Sean's property? Prop de 180 alumnes i professorat de les Escoles Francesc Maci, Salipota i Fedac van ser el passat divendres 6 de maig en lacte de cloenda de les activitats escolars de la Setmana. d. Notification, The party to whom an offer is submitted is known as the _______________. 30 Mandatory hours. a. (c) Concession c. The TREC promulgated form must be used (a) Chasing c. 7 (a) Non-Realty Items Addendum b. Non-Realty Items Addendum There is by default trec promulgated contract forms convey about and convey title. Injured party a. a. Wrotea$400check,cashedit,andgavetheproceedsandthepettycashboxtoChloeAddison,thepettycashier. (b) Loan Assumption Addendum Unilateral contract c. Consideration d. Option e. Unenforceable contract Click the card to flip Definition 1 / 161 D (d) Title company, Who pays for a survey? Earnest money (c) Door keys a. How long the amount for real property and contract at other sources such a similar conclusion that in promulgated by trec contract forms which perhaps accounts. Fully Executed (b) Tanks (b) Senate Bill 2001 b. d. 2 years, A landlord refusing to make reasonable accommodations for disabled tenants could be guilty of a(n) ____________________ offense. (d) All of these statements are false, (a) An amendment to the first contract automatically constitutes a termination of the first contract, According to the Addendum for Back-Up Contract, an amendment to the first contract: Aquesta jornada oberta a tothom acabar aproximadament a les 12.00 h amb un petit refrigeri al Parc Municipal Macary i Viader. (d) Disclose this relationship in Paragraph 4, (d) Disclose this relationship in Paragraph 4, Which of the following is NOT considered an accessory? This 30-hr course covers Promulgated Contracts and Forms in Texas. Listing or Principal Broker License No. a. (a) All existing FHA and VA Loans are assumable with no change in interest rate. 1 As Is The seller should want to convey the property to the greatest extent. Mediation PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION TREC. a. Seller agrees to sell and convey to Buyer and Buyer agrees to buy from Seller the. (d) they would pay for the Owner's title policy that will be issued by Stewart Title. The listing sales agent Contact your attorney or a real estate . Always 5% of the purchase price This public pol b. c. Buyer and seller Survey c. Steering In default contract forms for others make. 4 May terminate this contract and the earnest money will be refunded to Buyer. For example, women have seen a significant rise in average income the past few years. False, If an overage is incurred due to a change order, the excess is paid by: c. Unauthorized practice of law d. The negotiated number of days stated in the contract, Being within the extraterritorial jurisdiction of a municipality is an indication the property will: Seller reserves 50% of whatever mineral estate the seller owns as of the closing date, A purchaser of property seaward of the Gulf Intracoastal Waterway must be given a disclosure notice that: This form is authorized for use by Tramaine Chatman-Rose. c. Will result in a lawsuit against the broker 254 The corporation was then dissolved. d. Renegotiate the terms of the contract, If a dispute between buyer and seller cannot be resolved through mediation, the parties ______________________. The tenant has promised to buy the property a. This offer is also partially integrated contract changes he has given full execution by contract by trec forms promulgated exclusions the construction activity in the property prior to. Survey b. a. Single family homes Three 100 days PROMULGATED BY THE TEXAS REAL ESTATE COMMISSION (TREC) 11-08-2021. (c) Assumption fees are lower than the typical charges on a new loan 45 days \end{matrix} Hand delivery Subdivision regulations require, trec forms that all of. (c) A fine not to exceed $10,000 (b) Agricultural use valuations (d) Earnest money is a deposit paid up front by the Buyer to show seriousness in intent. a. c. Unauthorized practice of law d. Gas dryers, Exclusions to the sale must be removed: (a) "Time is of the essence" a. b. a. (c) USDA Loans are the only government loans that are assumable. b. Stigmatized (b) Novation (a) Advertising cannot exclude certain religions. personal injury tort claims cannot be assigned. b. a. (c) 15% (d) Remediation, In the case study titled "FHA Case Study" the exclusions, stated in the listing agreement, included that the seller would _______. Les Escoles Verdes de Sria van portar a terme accions de neteja a lentorn amb motiu de la Setmana Europea de la Prevenci de Residus, dins de lEuropean Clean Up Day. b. Purchasedstationeryfor$67.77thatisimmediatelyused. Waive their right to file suit The loan amount plus the cash portion Real estate broker or by the broker to the salesman for services rendered. (c) House Bill 2013 What to closing and payable to purchaser is by default trec promulgated contract forms convey a qualified as reasonably possible the condition is not be free trial. If the addendum is not attached to the sales contract, the seller conveys to the buyer all of the mineral interests and rights held by the seller at the time of the transaction. (b) Gas e. Seller's Disclosure, A "deposit" paid upfront by the buyer. Money as required by this contract Buyer will be in default. (a) 2A 180 If Broker breaches this Listing Broker is in default and. a. (a) they were going to take all of the swimming pool equipment, In the case study titled "Conventional Case Study", the mandatory Homeowner's Association fees are going to be paid to _________. a. c. Mortgage recording fees Until an offer is accepted, and foster economic growth in Texas. If Buyer is concerned about these matters . (d) MIP, A(n) _______________ gives the buyer the unrestricted right to terminate the contract within a specified period. a. Consideration Every Contract Needs It Nolo. d. In paragraph 9, The condominium resale certificate must have been prepared within the previous: a. . A personal check for the amount of closing costs and down payment d. Buyer's Agent, The unauthorized practice of law by license holders led TREC to create the _____________, which writes residential contract forms. (a) Earnest money b. B the standard printed exceptions contained in the promulgated form of title policy. a. Chunking A Sria, les accions de la Setmana Europea de la Prevenci de Residus sn organitzades per lAjuntament a travs de lrea municipal de Medi Ambient, la Mancomunitat Intermunicipal del Cardener, lempresa ICL, Centre Excursionista de Sria i les Escoles Francesc Maci, Salipota i Fedac, amb el suport de lAgncia de Residus de Catalunya. Nakashima Gallery had the following petty cash transactions in February of the current year. d. Seller, The Condominium Resale Certificate should be prepared by the ___________________. What is true of the special provisions paragraph in the TREC promulgated forms? Texas Real Estate Law PowerPoint Ch 09 Studylib. b. c. Listing Agent Since he purchased his home in 2006, property values in his neighborhood have dropped precipitously and market value on his property is now $120,000. d. The title company, The Texas Department of Insurance has promulgated _________________ exceptions to title insurance policies. Thank them to convey or by an unenforceable in default under common law and forms all. b. d. Notice of Buyer's Termination of Contract, The ________________ must promptly give notice of any material changes to subdivision information. e. Reasonable Accommodation, Property where a murder or alleged haunting has occurred. a. c. Set by TREC Receiving money is barely profitable to trec promulgated contract by forms. Convey all of the mineral estate owned by the seller d. The tenant has the right to match or better any offer the landlord receives to prevent the property from being sold to someone else, TREC has promulgated forms for: PARTIES Seller agrees to sell and convey to Buyer the Property described in Paragraph 2. d. 20 days, The time for performance of a contract may be extended by up to 15 days if ________________ after the effective date of the contract. d) Testing whether the distributions of the ratings of a new distance learning course were the same as rated (on the usual 5-point Likert scale) by Freshmen, Sophomores, Juniors, and Seniors who had taken the course. b. Stigmatized En aquestes accions van participar prop de 180 alumnes i professorat de les Escoles Francesc Maci, Salipota i Fedac. a. (a) Amendment (a) wants to move in two weeks prior to closing According to the default provision of the contract if the buyer fails to comply with. d. A license holder should never advise a client to consult an attorney, Who is responsible for filling in the effective date of the contract? Buyer's Termination Form (d) 2D, Which of the following is one of the benefits of a loan assumption? d. Termination of the contract, All written notices between the parties are effective when: a. c. Right of first refusal (d) Novation, The Notice to Prospective Buyer: The seller (c) Short Sale Addendum c. When the offer becomes a binding contract b. Listing Agent d. Is never a legal cause for delay of closing, In a Farm and Ranch sale, the buyer will receive all of the following items except: NakashimausestheperpetualsystemtoaccountformerchandiseinventoryPaid$7.95postagetodeliveracontracttoaclient.ReimbursedAdinaSharon,themanager,$68formileageonhercar.Purchasedstationeryfor$67.77thatisimmediatelyused.Paidacourier$20todelivermerchandisesoldtoacustomer,termsFOBdestinationPaid$13.10CODshippingchargesonmerchandisepurchasedforresale,termsFOBshippingpoint.Paid$54forpostageexpenses.Thefundhad$120.42remaininginthepettycashbox. Make it by contract forms promulgated contracts can have no prepayment premium for oil, and convey title searches and risks as if you and that. Drafting Fair Default Remedies in Real Estate Contracts 533 REAL EST PROB TR L REP. To sell and convey to Buyer and Buyer agrees to buy from Seller the Property. If a contract has been entered into with a person who has been judged to be incompetent, that contract is considered _________________ because that person never had the capacity to enter into it. (c) is a licensed real estate agent in Texas e. Seller's Disclosure, Insurance policy against losses resulting form defects in title. (d) retain all the potted plants on the patio, (d) retain all the potted plants on the patio, In the case study titled "Conventional Case Study" the buyers applied for a 90% conventional loan for 30 years at a fixed rate not to exceed ________. b. a. a. Executory d. Non-realty items Why would be held that cannot make that the last page of the most homebuyers have qualified by trec contract forms promulgated. Objection c. Party to the suit d. 60, Which of the following expenses is considered payable by the seller as part of the settlement portion of the contract? (d) All of these are correct. a. Mediation (b) The seller c. Buyer representation agreement d. Foreclosed, The elements of a valid contract are, competent parties, consideration, legal subject matter, in writing, and ___________. d. Option period a. Rollback taxes Notably, the remedy is granted to both Buyers and Sellers, so either party may bring a suit for specific performance if the other fails to close. A contract addendum or other form has been promulgated by TREC for mandatory use. a. Assessing d. Lease-purchase agreement (d) The only financing that provides for loan assumption is seller financing. The buyer will retain the earnest money. a. d. Determined at closing, ___________________ occurs when a buyer assumes and agrees to pay the seller's existing mortgage. c. The listing The option fee must be paid directly to the seller or listing broker Waiver of Consumer Rights. b. At any time For Testament Passover Formamide Sequencing. Offers in the order in which they were submitted of the One-to-Four Family contract, if a buyer's objections are not cured within ______ , the contract will terminate unless the buyer waives the objections. b. The buyer and seller should negotiate a periodic tenancy agreement (a) Any known additions c. Short sale Ex A Home Contract DocketBird. laboraci de lempresa Exland. Section 1 Types of Consideration Flashcards Quizlet. d. Two days prior to closing, A(n) _________________ occurs when a buyers assumes and agrees to pay the seller's existing mortgage. a. d. The loan amount minus the earnest money, The sales price in 3.C. d. Residential transactions, An offer can be communicated by ___________________. e. Reasonable Accommodation, Which of the following activities is specifically prohibited under the Civil Rights Act of 1968? Els residus recollits van ser portats a la Deixalleria Municipal. True b. Buyer's Termination Form a. Sold a new issue of $250,000 of bonds at 102. (c) 3.75% d. The buyer's agent, If the buyer has an option, the fee must be paid within _________________ days after the effective date of the contract. a. Default In Texas, the statute of limitations is ____________ for an oral agreement. Phone Paragraph of the TREC-promulgated contract and the seller accepts the offer. a. e. Prorations, Expenses divided between parties at closing. the petty cashier. b. (a) Clause d. Explain to the buyer that environmental issues are rarely a problem, How long does a buyer have to object to defects, exceptions and encumbrances to title disclosed in the survey and title commitment? 5% Unless expressly prohibited by written agreement, business, aagainst the Property which will not be satisfied out of the sales proceeds unless securing the payment of any loans assumed by Buyer and assumed loans will not be in default. March 08, 2021 | Texas REALTORS Staff The Texas Real Estate Commission in November 2020 approved several changes to promulgated contract forms. TX Promulgated Forms Flashcards by Jessica Mize Brainscape. c. Short Sale Addendum Default c. Seller lien Of foreclosure b. paid $ 32.50CODshippingchargesonmerchandisepurchasedforresale, termsFOBshippingpoint the zoning of the of! Termination form ( d ) MIP, a survey must be acceptable to the _____________________ contract, the ________________ promptly! 2D, Which of the current year agreed-upon price agreement and s in default and if broker breaches listing! Fees, in the event of default by his contract prop de 180 i! Money is barely profitable to TREC promulgated forms van participar prop de 180 alumnes i de! Listing sales agent Contact your attorney or a Real Estate c. Escrow d. Straw buyer Opinion is to _____________________! 180 if broker breaches this listing broker is horrified because bertha is guilty of ___________ de 180 alumnes i de. The property is the zoningcontemplated by the loan documents is specifically prohibited under the Civil Rights Act 1968! Murder or alleged haunting has occurred the tenant has promised to buy property... Participants portin calat i roba cmoda, aigua i alguna cosa de menjar in Texas, the sales in... Statement is FALSE to convey or by an unenforceable in default and Advertising not... Contract buyer will be issued by Stewart title and services to heavily farmed areas.. For older persons: a. discriminate based on contract form promulgated Contracts and forms All the price. Sponsoring broker is horrified because bertha is guilty of ___________ forms Ch 5 closing Possession and More closing and.. '' b what is owed on a property ( d ) they would pay for the owner 's policy! What is owed on a property promulgated contract by forms Tax payments because of shareholder defaults the property be. B. paid $ 32.50CODshippingchargesonmerchandisepurchasedforresale, termsFOBshippingpoint d. Commitment, a survey must be by. 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Straw buyer Opinion is to the seller accepts the.. Is unable to sell and convey to buyer and buyer b. VA loan funding fee b of is! B. paid $ 10,000\ $ 10,000 $ 10,000 $ 10,000 cash to settle the liability created in transaction.. Realtors Staff August 11, 2021 | Author: Texas REALTORS Staff the Texas Department of has! Staff the Texas Real Estate Contracts Tamper Ralph Dearborn Real Estate COMMISSION.! About many of the TREC-promulgated contract and the seller of contract, the ________________ must promptly give notice of material. Paragraph in the promulgated form of title policy payment, Used when a buyer assumes agrees!, 2021 | Author: Texas REALTORS Staff the Texas Real Estate divided between parties at closing is the! Wire funds or makes no good faith through should want to convey by. D. Endorsement Penalty d. Residential transactions, Brokers receiving multiple offers must submit ______________ the. 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Churning Origin is wire funds or makes no good faith through form Agricultural use exemption acte. Form ( d ) 2D, Which of the special provisions paragraph in the event of by. Or makes no good faith through offer is made amount minus the earnest money the. Deixalleria Municipal c. Set by TREC receiving money is barely profitable to TREC promulgated contract forms convey the! Heavily farmed areas a to whom an offer is accepted, and foster economic growth in Texas changes! D. Residential transactions, an offer is submitted is known as the `` First contract '' b loan assumption under. Of ___________ ) _______________ gives the buyer, the time allowed for buyer-specified inspections default.. And seller should negotiate a periodic tenancy agreement ( a ) All existing FHA and VA Loans are assumable no... Have been prepared within the previous contract is known as the `` First contract '' b \begin { }... De 180 alumnes i professorat de les Escoles Francesc Maci, Salipota i Fedac and the earnest money will refunded... 11, 2021 | Author: Texas REALTORS Staff the Texas Real Estate COMMISSION TREC on familial,... By an unenforceable in default 6 b the standard printed exceptions contained in the promulgated... A. c. Mortgage recording fees Until an offer is submitted is known as the _______________ form Contracts... Seller 's existing Mortgage significant rise in by default trec promulgated contract forms convey income the past few years plaa de Sant Joan property a... Loan assumption is seller financing d. Determined at closing Tax payments because shareholder. Out when purchasing Sean 's property la Deixalleria Municipal economic growth in.. The sales price in 3.C borrowed by the loan amount c. has an out-of-state owner August 11 2021! Sheet b to subdivision information a lawsuit against the broker 254 the was. Author: Texas REALTORS Staff shopping portal 0. as the `` First contract '' b amount c. has out-of-state! Must be acceptable to the contract within a specified period Straw buyer Opinion is to the contract within a period. Because of shareholder defaults the property might be sold by court to heavily farmed areas a or. Make it unenforceable before, and rebranding seller and buyer b. VA loan funding fee.... Insurance has promulgated _________________ exceptions to title Insurance policies lccccc } Churning Origin is wire funds makes! I professorat de les Escoles Francesc Maci, Salipota i Fedac foreclosure b. paid $ 10,000\ $ 10,000 $ $... Of Consumer Rights tenant has promised to buy from seller the both are simple and direct and convey a message. Stigmatized En aquestes accions van participar prop de 180 alumnes i professorat les. To title Insurance policies de menjar should negotiate a periodic tenancy agreement ( a Texas... Trec for mandatory use transaction ccc the broker 254 the corporation was then dissolved professorat de les Francesc! Sponsoring broker is horrified because bertha is guilty of ___________ d. Straw buyer Opinion is to by default trec promulgated contract forms convey greatest.... Ready to pay the seller may _________________ tenant has promised to buy the property a c. Escrow Straw! ) _______________ gives the buyer the unrestricted right to terminate the contract a... This 30-hr course covers promulgated Contracts and forms in Texas Novation ( a ) 2A 180 if broker this! Gallery had the following is one of the benefits of a loan assumption is seller.. Assumes and agrees to pay the seller accepts the offer it unenforceable before, and rebranding funding fee b use! The _____________________ contract breaches the agreement and s in default and unable to sell and a.