Answer the following questions based on the real estate sales contract depicted. a. When does...
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Accounting
Answer the following questions based on the real estate sales contract depicted.
a. When does the buyer get occupancy of the premises?
b. What actions can the buyer take if the sellers title proves to be unmarketable?
c. Whose responsibility is it to obtain and pay for a survey to detect any encroachments?
d. If an encroachment is detected in the survey, what happens?
e. Who must pay for the various closing costs associated with the deed?
f. What happens to this agreement if the property is destroyed by fire or other casualty before the closing?
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