Which of the following does not typically affect the terms of a preneed contract involving real estate?

In a preneed contract involving real estate, the personal wishes of the buyer do not typically affect the terms of the contract in the same way that market value, selling price, and asset ownership status do. Preneed contracts are generally structured based on financial and legal aspects rather than personal preferences.

Market value of the property, selling price, and asset ownership status are crucial components that influence the financial foundation and legal enforceability of the contract. The market value of the property sets a baseline for pricing, while the selling price is what the buyer ultimately agrees to pay. Additionally, understanding the asset ownership status is vital because it can determine who has the legal right to enter into a contract regarding the property.

Conversely, while personal wishes are undoubtedly important in terms of the individual's desires for what they want in a funeral or memorial, they do not typically alter the fundamental terms of the contractual obligations regarding real estate itself. The structure of the contract focuses more on concrete legal and financial considerations rather than subjective personal wishes. This distinction makes it clear why personal wishes are less impactful in shaping the preneed contract's terms surrounding real estate transactions.