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Someone help me please and answer correctly multiple choice ha is a listing salesperson with ABC Realty Inc. She has just received three offers on

Someone help me please and answer correctly multiple choice

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ha is a listing salesperson with ABC Realty Inc. She has just received three offers on her new listing at 44 Market Avenue. The property has been listed for only a few days with an asking price of $415,900. The firs was for $398,000; and the third offer was registered at 3 p.m. and was for $400,000. Martha is meeting wit the sellers to review all three offers at 7 p.m. that night. 25 fer was registered at 9 a.m. and was for $405,000; the second offer was registered at 2.30 p.m. and Based on the above information, which of the following scenarios might result in serious legal problems and should never be recommended? The sellers review all of the offers in no particular order and are not sure whether to accept one of the offers because the closing date is not what they wanted. However, later that night, the sellers decide to accept the offer that was registered at 3 p.m. with a selling price of $400,000. The sellers review all three offers in the order in which they were received and decide to counter the offer at $398,000 by changing the price to $412,000 and extending the closing date for another 30 days a b The sellers review all three offers in the order in which they were registered, and is not satisfied with any of them. The sellers direct Martha to tell each of the other salespersons that their buyer's offer has been declined but they will reconsider all offers at 11 p.m. so the buyers have until then to submit a new offer The sellers tell Martha they only want to look at the offers that are at least $400,000. Since both of those offers have the same closing date, they counter both of them at a higher price of $412,000 and they will sell c d to whichever buyer accepts the offer first. Life lease communities, also known as life equity or life estate communities, are relatively new to the Ontario marketplace. Which of the following statements is correct with respect to a life lease community 26 If there are two occupa nts named in the life lease and one of them dies, the surviving occupant must sign a a new life lease in order to continue to occupy the unit Condominium Act apply the landlord must give at least 60 days notice for any increase in the monthly rent. estate is usually charged resale fees which are deducted from the sale proceeds. ant of a unit in a ife lease community pays a monthly rent and the termination provisions of the b The occup c The Residential Tenancies Act requires a minimum term of one year for a unit in a life lease community and d When a new occupancy agreement is signed for a unit in a life lease community, the previous owner or their REAReal Estate

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