alleryStart learning →A conditional offer's escrow is 100 per cent of minimum-acceptance sum or what share of total?
A25 per cent
B75 per cent
C100 per cent
D50 per cent
Answer & Solution
Correct answer: D. 50 per cent
The proviso to Regulation 17(1) takes the higher of full consideration for minimum acceptance or fifty per cent of total consideration, in cash.
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