Humber College PREX-1060A Question Answer
An agreement of purchase and sale for an industrial building is accepted conditional on financing with the expiry date of May 14. On May 11, the bank informs the buyer the mortgage cannot be approved until May 17. The salesperson for the buyer then prepares an amendment to the agreement of purchase and sale for the extension of the condition. Which of the following is NOT correct?
Humber College PREX-1060A Summary
- Vendor: Humber College
- Product: PREX-1060A
- Update on: Jan 2, 2026
- Questions: 120

