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Illinois Real Estate Exam

Category - Vocab

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If you purchase a type of insurance called homeowner’s warranty, you would do so because:

It will cover repairs to certain items
It does not cover air conditioning or heating
The seller always pay for it
None

Explanation

Answer: A - A homeowner’s warranty will cover repairs to certain items during the coverage period, including broken air conditioning or heating systems. The buyer often requests the seller to pay for this, but either party can pay.

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Illinois Real Estate Exam

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