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The seller dies after an offer to purchase their property has been accepted. The seller’s grandchild inherits the real estate. What happens to the sale?
Correct Answer
B) The grandchild is compelled to sell under the terms of the accepted offer.
An accepted offer creates a binding contract that survives the death of either party.
Answer Options
A
The offer is voidable.B
The grandchild is compelled to sell under the terms of the accepted offer.C
The offer is terminated.D
The grandchild may choose whether or not to honor the sale.Video Explanation3 min
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