What should a broker ask if a buyer requests to add a term in the Buyer’s Certificate of Purchase (BCP)?

When a buyer requests to add a term in the Buyer’s Certificate of Purchase (BCP), it is crucial for the broker to understand the rationale behind that request. Asking for the reason for the term helps clarify the buyer's intentions and needs, ensuring that the additional term aligns with their goals and the requirements of the transaction. By understanding the context and motivation, the broker can provide appropriate guidance, negotiate effectively with the seller, and ensure that the term is clearly articulated and legally sound.

The other options, although they may provide useful information about the buyer's situation, do not directly address the specific request regarding the term in the BCP. Knowing the buyer's budget, the location where they plan to buy, or details about their mortgage broker does not provide insight into the reasoning behind the proposed term, which is essential for facilitating a smooth transaction.