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 64 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
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

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...

For a complete list of videos, visit our video library