Examlex

Solved

In Addition to Closing Costs, Real Estate Agent Fees of More

question 11

True/False

In addition to closing costs, real estate agent fees of more than 10% are charged when you buy a home.


Definitions:

Mistake

An error about some aspect of a contract that destroys consensus.

Contract

An agreement between two or more parties that is legally binding and creates reciprocal obligations that can be enforced by law.

Wallpaper

Decorative material used to cover and adorn the interior walls of homes, offices, and other buildings.

Answering Machine

A device or system for recording incoming telephone messages when the recipient is unable to answer the phone.

Related Questions