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11 April, 09:39

A deal failed to close because the seller decided he really didn't want to move. The broker received conflicting demands regarding the earnest money. How long does the broker have to implement a settlement procedure?

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  1. 11 April, 12:45
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    4) 30 days

    Explanation:

    Based on the information provided within the question it can be said that the broker in this scenario has 30 days to implement a settlement procedure. This is a standard limit of time within real estate settlement procedures, and must be done so within this time frame or the deal will be disbanded and thrown out.
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