Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Smith and Jones agree in writing that Smith will buy Jones' house for $100,000.00 on March 1 after a sewer inspection and home inspection are

Smith and Jones agree in writing that Smith will buy Jones' house for $100,000.00 on March 1 after a sewer inspection and home inspection are completed to Smith's satisfaction.

The parties also agree that Smith must sell his old house first. Smith sells his old house and the new house passes that sewer inspection.It does not pass the home inspection.

Whatare the sewer, home and sale requirements at the time of the formation of the contract?

What are the sale and sewerconditions after they are fulfilled?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Legal Environment Of Business Text And Cases

Authors: Frank B. Cross, Roger LeRoy Miller

9th Edition

1285428943, 9781305142947, 1305142942, 978-1285428949

More Books

Students also viewed these Law questions

Question

1. What will happen in the future

Answered: 1 week ago

Question

3. Avoid making mistakes when reaching our goals

Answered: 1 week ago