Buyer Jaswant wants the seller to assure the condition of a winterized pool in the offer. What clause is used?

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In this scenario, the correct answer is "An acknowledgment clause" because it is commonly used when the buyer wants the seller to assure the condition of a specific element in the property, such as a winterized pool. An acknowledgment clause typically requires the seller to acknowledge a specific fact or condition related to the property in the offer.

The other options can be briefly explained:

  • A covenant/promise clause: This clause is used to outline specific promises or agreements between parties in a contract.
  • A direction/consent clause: This clause specifies how certain decisions or actions should be made by one of the parties.
  • A representation/warranty clause: This clause includes statements made by the seller regarding the property's condition, often used to provide assurances to the buyer.
  • A refundable clause: This clause outlines conditions under which a payment can be refunded.
  • Escrow arrangement clause: This clause pertains to the deposit of funds or documents with a neutral third party until specific conditions are met.
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