Question

Under NH Law, all listings must:

A. be in writing
B. be fore at least 6 months
C. include a property inspection
D. include a clause providing for the disposition of escrow funds in the event of a buyer's default on a purchase and sales agreement

Answer 1

Under NH law, all listings must include a clause providing for the disposition of escrow funds in the event of a buyer's default on a purchase and sales agreement.

Step-by-step explanation:

The correct answer is D. Under NH law, all listings must include a clause providing for the disposition of escrow funds in the event of a buyer's default on a purchase and sales agreement.Escrow is a concept in which money is deposited by one person with a neutral third party, who will then pay both the home insurance and property taxes. Including a clause in the listing ensures that in the event of a buyer's default on the purchase and sales agreement, the escrow funds will be properly addressed.