Cable FLA Brokerage prepared a Purchase and Sale Agreement b…

Cable FLA Brokerage prepared a Purchase and Sale Agreement between Judd and Ayanna St. Vincent for Unit 8-D. The PSA included a variety of contingencies which — if not timely satisfied – would permit the St. Vincents to terminate the Agreement without penalty. The following are contingencies Cable FLA Brokerage may properly include in the PSA: (Select one answer only.)

The Otto Centre, a BOMA “A” shopping center, is owned by the…

The Otto Centre, a BOMA “A” shopping center, is owned by the Otto-Wheeler Group III. Otto-Wheeler Group III is a single-purpose entity holding only the Otto Centre. Otto-Wheeler Group III has obtained a $71.5 million loan from a consortium led by Morinishi & Associates, a private equity group. The consortium consists of Morinishi & Associates (as lead investor), Reid Bancshares, and Marith Insurance Services. The purpose of the loan is to refinance a previous facility by lowering the interest 157 BP. The loan will be fully collateralized. The law firm of Fetters, Newson & Tucker, LLP (FNT) is preparing the loan documents for the lender consortium. The consortium’s term sheet includes a demand for a perfected and first priority position on all of Otto-Wheeler Group III’s personal property, including its bank accounts, stock investments, insurance proceeds, and future assets. FNT will include the following as part of its personal property collateralization documents package: (Select one answer only.)