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Real Estate Quiz

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Education & Training with Rowlett Real Estate School

Bill owned a small house in Pompano Beach Florida, that he orally agreed to sell to Jane. She gave Bill a $2,000 good-faith deposit, and Bill allowed her to move in before the closing. Several weeks later, they argued about an unrelated matter, so Bill refused to go through with the sale of the property and gave Jane notice to vacate immediately. Jane sued to require him to sell. How will the court most likely rule?

a.Jane must move out because the contract was not written and signed; therefore, the contract is unenforceable

b.Bill may have Jane evicted if she fails to move within a reasonable time

c.Because Jane made a down payment and moved in, the contract is enforceable.

d.Bill is entitled to collect triple rent for the period Jane has been in the property after receiving notice to vacate

Courtesy of Captain Wayne Rowlett of Rowlett Real Estate School.
Visit our website at www.rowlettrealestateschool.comfor our classroom courses and locations.  We have online real estate courses in most every state.  Live classroom training is available in Panama City Beach Florida and Destin Florida. (answer c)

Posted by

Captain Wayne Rowlett GSI
Rowlett Real Estate School

Comments (2)

Candice A. Donofrio
Next Wave RE Investments LLC Bullhead City AZ Commercial RE Broker - Fort Mohave, AZ
928-201-4BHC (4242) call/text

If your laws make the cashed down payment check a 'contract', I would say C for Contract! :)

Mar 20, 2011 01:44 PM
Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

Right you are Candice!

Mar 20, 2011 01:50 PM