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Real Estate Exam [Texas] 27, Property Condition and Inspections
Published 1 month, 2 weeks ago
Description
This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams.
In this episode you will learn:
- The buyer's unrestricted right to terminate during the negotiated option period.
- That an "as-is" provision does not waive the seller's legal duty to disclose known material defects.
- That sellers are not obligated to agree to any repair requests from the buyer.
- What happens if repair negotiations fail before the option period expires.
- The seller's responsibility to maintain the property's condition until the closing date.
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