An agreement in which a purchaser of land pays for it over a period of time and receives title only upon making the final payment is known as a(n)
A) mortgage.
B) escrow agreement.
C) land contract.
D) collateral agreement.
Correct Answer:
Verified
Q22: A deed that gives to the buyer
Q23: If a defective title is discovered after
Q24: Conditions in a contract of sale that
Q25: A seller who passes a quitclaim deed
Q26: If a mortgage is silent with regard
Q28: A deed containing no warranties is a
A)
Q29: A detailed accounting that buyers and sellers
Q30: Claims against property for unpaid taxes, rights
Q31: The loan a buyer takes out to
Q32: The purchase of real property may be
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