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EXAM REVIEW
NCCCO Examination
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Ihuman Case Study
LETRS
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Texas Real Estate National Exam Latest Update
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Question Number 13
Your clients will be able to qualify for financing for a property they wish to purchase in about six months, after they have had an opportunity to reduce their consumer debt. They have found a property that they would like to purchase now. What type of agreement can they enter into with a seller that will allow them to occupy the property now and purchase it within the six months?
sale and leaseback
right of first refusal
lease with an option to buy
graduated lease
✔ Correct Answer:
lease with an option to buy
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