Century Properties. Inc., and Darby enter into a contract for a sale of land. To be enforceable, the contract must be in writing if the land is valued at a.
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A" orally makes a contract to sell his land to "B" for $100,000.00 and the transfer to take place on May 1st. On April 30th, "B" tenders to "A" the full amount of money, but "A" refuses to take the money and sell the land to "B" who sues "A". a) Is there any legal grounds upon which "A" can refuse to sell the land to "B"? b) State these grounds and explain them in detail. c) Can "B" compel "A" to sell him the land and state the reasons for your answer.
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Which of the following is NOT a requirement of a valid exclusive listing agreement? A. it must be in writing B. it must contain a specific duration C. it must be on a state- approved listing agreement form D. it must describe the services to be performed
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Although the preferred SI unit of area is the square meter, land is often measured in the metric system in hectares (ha). One hectare is equal to $10,000 \mathrm{m}^{2} .$ In the English system, land is often measured in acres $\left(1 \text { acre }=160 \mathrm{rod}^{2}\right) .$ Ustem, land exact conversions and those given in Exercise 47 to calculate the following. a. $1 \mathrm{ha}=$ ________ $\mathrm{km}^{2}$ b. The area of a 5.5-acre plot of land in hectares, square meters, and square kilometers c. A lot with dimensions 120 ft by 75 ft is to be sold for $6500. What is the price per acre? What is the price per hectare?
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