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23 January, 10:19

Which of the following should NOT be considered when determining a fair option fee? A. Cost of a title search B. Tenant's credit rating C. Length of option term D. Local property value appreciation rate

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  1. 23 January, 10:41
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    A. Cost of a title search

    Explanation:

    Option B - Tenant's credit rating is a necessary thing when determining a fair option fee. So, it is not the correct answer.

    Option C - Without the number of terms, it is difficult to determine a fair option fee. So, it is also incorrect.

    Option D is also wrong, as property value is the main element of finding a fair fee.

    Therefore, Option A is the answer as, during the determination of a fair option fee, the cost of the title search is not a necessary element.
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Home » Business » Which of the following should NOT be considered when determining a fair option fee? A. Cost of a title search B. Tenant's credit rating C. Length of option term D. Local property value appreciation rate
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