What is the name of bilateral agreement between seller

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Reference no: EM132208631

What is the name of a bilateral agreement between a seller, (the vendor) and a buyer (the vendee) in which the vendor defers receipt of the entire purchase price of a property over a specified period of time?

An installment sales contract

A bilateral option

A foreclosure option

A distressed sale option

Both the agent and seller just signed the listing agreement. What must the licensee give to the seller now?

A detail advertising plan

A copy of the signed listing agreement

Professional pictures of the property

An appraisal of the property

Under certain rules and conditions, the mortgagor has the right to redeem his or her property after a foreclosure sale. This is known as

equitable redemption.

foreclosure reversal.

foreclosure banishment.

statutory redemption.

Reference no: EM132208631

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