when contractor is building what must he have before a listing agent can sell a lot
Added by Jose Angel K.
Step 1
Step 1: The contractor must obtain the necessary permits and approvals from local government authorities to ensure that the lot is legally buildable. Show more…
Show all steps
Your feedback will help us improve your experience
Akash M and 100 other Principles of Accounting educators are ready to help you.
Ask a new question
Labs
Want to see this concept in action?
Explore this concept interactively to see how it behaves as you change inputs.
Recommended Videos
A person owes a one acre parcel of land and owns a detailed manufactured home located on the property. The owner asks a licensee to list the property. May the licensee list both the land and manufactured structure on one listing? A: No. Only the land is real property. The licensee may only list the land. B: Yes. The licensee may list the land and the manufactured structure together. C:No. The land is real property and manufactured home is personal property. The licensee cannot list both of them. D: Yes, The licensee may list the land and manufactured structure together, but only if the principal broker also has a manufactured dealer licensee.
Akash M.
In a sales contract, the only exception to a buyer claiming title warranty occurs if the
Haricharan G.
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.
Recommended Textbooks
Horngren’s Cost Accounting
Cost Accounting A Managerial Emphasis
Principles of Accounting Volume 1: Financial Accounting
Transcript
18,000,000+
Students on Numerade
Trusted by students at 8,000+ universities
Watch the video solution with this free unlock.
EMAIL
PASSWORD