Final answer:
The correct action for a true condition precedent in a real estate agreement is to provide a notice of fulfillment. Waivers are not interchangeable with notices of fulfillment in this context.
Step-by-step explanation:
In the context of a true condition precedent in a real estate agreement, there are specific methods to notify the other party that the condition has been met or waived. The accurate statement based on the information provided is that only a notice of fulfillment is permissible to notify the other party.
A true condition precedent requires a party to provide notice to the other that the condition has been fulfilled. While a waiver can also indicate that a condition does not need to be met, it is not interchangeable with a notice of fulfillment. The notice must affirm that the condition in the contract has been satisfied before the obligation to perform under the contract becomes due.
The text provided seems to pertain to disclaimers or limitations within a contract, which may have some relevance to true conditions precedent as they deal with the contractual terms and obligations. However, it does not specifically relate to the notice provision required for a true condition precedent.