Principles, Property, and Land Use Practice Question
Question
A buyer asks a licensee for an exam-focused explanation for the Michigan Real Estate Salesperson Exam involving fixtures and seller disclosure practice. Which response best applies the rule? (Item 94)
Answer choices
- A. The requirement matters only when the buyer obtains institutional financing.
- B. Apply attachment, adaptation, agreement, and intent concepts in a way that fits Michigan exam practice.
- C. The affiliated licensee may handle the matter independently without broker responsibility.
- D. Local custom controls even when a statute, regulation, contract, or disclosure rule applies.
Correct Answer
B. Apply attachment, adaptation, agreement, and intent concepts in a way that fits Michigan exam practice.
Explanation
The correct answer is B because fixtures requires candidates to apply attachment, adaptation, agreement, and intent concepts. The Michigan reference keeps the scenario tied to state licensing practice, while the other options rely on unsafe assumptions about oral custom, escrow, client preference, independent licensee authority, or ignoring written duties.
Question details
- Difficulty: medium
- Domain: Principles, Property, and Land Use
- Objective: fixtures