Contracts
A 'dead' offer in Oklahoma real estate refers to an offer that:
AWas submitted below listing price
BHas expired, been rejected, or been revoked before acceptance✓ Correct
CWas made verbally instead of in writing
DWas not signed by all parties
Explanation
An offer becomes 'dead' (terminates) when it expires without acceptance, is formally rejected, or is revoked by the offeror before acceptance. A dead offer cannot be resurrected by later acceptance.
Related Oklahoma Contracts Questions
- A contract for the sale of Oklahoma mineral rights must be:
- A release clause in an Oklahoma blanket mortgage allows the borrower to:
- When a seller accepts an offer and deposits the earnest money, the contract is in which stage?
- The legal doctrine of caveat emptor ('buyer beware') as applied to Oklahoma real estate has been significantly modified because:
- Under Oklahoma law, a minor (under 18) who signs a real estate contract may:
- Liquidated damages in an Oklahoma real estate contract refers to:
- In Oklahoma, a buyer who defaults on a purchase contract after removal of all contingencies will most likely forfeit their:
- In Oklahoma, earnest money deposited by a buyer is:
Practice More Oklahoma Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Oklahoma Quiz →