Question Set 2

Question 1

A broker selling a property on which he holds an option should notify the purchaser that he is acting as:

a) an optionor
b) a mortgagor
c) a beneficiary
d) a principal

Answer 1

D. Principal

Question 2

As used in real estate practices, the land of a riparian owner borders on:

a) a river
b) a stream
c) a watercourse
d) any of the above

Answer 2

Any of the Above