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Under the Contract to Buy and Sell Real Estate, if the buyer is going to execute a promissory note to the seller, the buyer must:
Under the Contract to Buy and Sell Real Estate, if the buyer is going to execute a promissory note to the seller, the buyer must:
A)Obtain a subordination agreement from other lenders making this loan the senior loan.
B)Provide a current credit report before the Buyer's Credit Information Deadline.
C)Agree to pay the sellers closing costs.
D)Complete a Commission-approved credit application.
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