Author Question: A legal document such as a deed, or property such as money, held by a person not a party to the real ... (Read 26 times)

yoooooman

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A legal document such as a deed, or property such as money, held by a person not a party to the real estate transaction is a(n):
 
  a. Trust account
  b. Closing
  c. Recordation
  d. Escrow

Question 2

The central purpose of the closing is for the buyer to pay the agreed-upon purchase price, in exchange for the seller's:
 
  a. Promise to convey title
  b. Conveyance of title
  c. Recording of the deed
  d. None of the above



Tonyam972

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Answer to Question 1

B

Answer to Question 2

B



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