When property is purchased using a land sales contract, the instrument used to convey legal title would be
A) an executory deed.
B) a bargain and sale deed.
C) a warranty deed.
D) non-existent since legal title is not transferred until the contract is paid off.
Correct Answer:
Verified
Q1: In a brokered real estate transaction, the
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Q3: The process of dividing ongoing expenses and
Q4: The seller decided that he didn't want
Q5: When a seller wishes to convey title
Q7: A broker is preparing an original real
Q8: A real estate licensee may advise sellers
Q9: An earnest money agreement signed by all
Q10: What should a salesperson do if he
Q11: The amount of earnest money necessary for
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