What is required for a seller to execute a lease after an execution date?

Get ready for the AceableAgent Promulgated Contracts Test. Practice with multiple choice questions, each offering hints and detailed explanations. Boost your confidence and ace your exam!

For a seller to execute a lease after the execution date, the buyer's written permission is necessary because the property is typically under contract during the sale process. Once an agreement has been reached between the buyer and seller, the seller's ability to lease the property may be restricted unless the buyer explicitly allows it. This helps protect the buyer’s interests, as they are effectively taking on ownership of the property and may have specific plans or restrictions related to it.

The involvement of other parties mentioned in the other options, such as the HOA, local government, or mortgage lender, generally pertains to different aspects of property management, ownership, or financing rather than directly connecting to the lease execution rights between the seller and buyer. Thus, written permission from the buyer is essential for the seller to proceed with any lease arrangements.

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