New Jersey Real Estate License Exam Practice Question
The broker must provide a copy of the fully executed offer to purchase to the buyer
Correct Answer: D
Rationale: Providing a copy of the fully executed offer to purchase to the buyer immediately after both parties have signed ensures that the buyer is fully informed of the terms and conditions agreed upon. This practice fosters transparency and trust in the transaction.
Option A is incorrect as it suggests providing the copy only after the seller's signature, which neglects the buyer's right to receive the document promptly. Option B focuses on the seller's needs rather than the buyer's, which is not the primary responsibility of the broker. Option C implies unnecessary delays by requiring broker consultation before presenting a counteroffer, which could hinder timely communication between parties.
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