Contracts
A Washington seller is under contract to sell their home. Before closing, the buyer discovers the seller has an active listing with another broker and claims breach of contract. The seller says 'it's just a backup.' Under Washington contract law, this situation:
AIs permissible because backup listings are always allowed
BMay constitute a breach if the seller is not free to close because of the other listing agreement's terms✓ Correct
CIs irrelevant because listing agreements don't affect purchase and sale agreements
DIs resolved automatically by the purchase and sale agreement taking priority
Explanation
Once a seller is under a binding purchase and sale agreement, actively listing the property with another broker (beyond a backup listing) could create conflict with their contractual obligation to sell to the buyer. The seller must honor their purchase and sale agreement.
Related Washington Contracts Questions
- In Washington, an offer to purchase real property must be in writing to be enforceable under the:
- Under Washington law, an option to purchase real estate is most accurately described as:
- A Washington buyer and seller agree to extend the closing date by 10 days due to lender delays. This modification to the purchase and sale agreement should be:
- A Washington seller and buyer enter into a purchase agreement with a home sale contingency. The seller receives a second offer and issues a notice to perform under the bump clause. The buyer has 3 business days to:
- A Washington buyer submits an offer that is contingent on the appraisal meeting or exceeding the purchase price. The property appraises at $15,000 below the purchase price. The buyer may:
- In Washington, a purchase agreement for the purchase of a newly constructed home from a builder typically includes a 'new construction addendum' that addresses:
- A Washington seller's agent receives two identical offers at the same price and terms. The seller wants to choose between them. The agent's appropriate action is to:
- A Washington real estate contract specifies that 'time is of the essence.' What does this phrase mean?
Practice More Washington Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Washington Quiz →