Which of the following is true of a land sales contract?
A) Beneficiary holds naked legal title
B) Purchaser holds equitable title
C) Vendee holds full legal title
D) Mortgagor holds title
Correct Answer:
Verified
Q29: A land sales contract passes
A) the right
Q30: In most residential purchase agreements, the purchaser
Q31: At the time the expiration of an
Q32: Money paid upon signing of a contract
Q33: On a land sales contract, the seller
Q35: An option is given wherein consideration is
Q36: After the seller has accepted an offer,
Q37: If a person has the right to
Q38: The most time consuming item in carrying
Q39: An option to purchase real property is
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