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Florida Real Estate Exam

Category - Florida

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The seller accepted an offer for the purchase of real property and an escrow was opened. Later the seller discovered misrepresentation on the part of the buyer. The contract:

Is valid as to the seller
May be voided by the seller
Is void
Is invalid

Explanation

Answer C - Such a situation would create a voidable contract; that is, it would give the seller the right to invalidate the contract because of the misrepresentation.

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