What Typically Occurs During the "Closing" Stage of a Real

question 61

Multiple Choice

What typically occurs during the "closing" stage of a real estate transaction?

• A) The seller accepts the buyer's offer.
• B) The buyer decides to buy the land.
• C) The seller delivers the title document,and the buyer makes final payment.
• D) The seller hires a surveyor to confirm boundaries.

---

Definitions:

Improper Fractions

Ratios in which the top number is equal to or larger than the bottom number.

Lowest Terms

The simplest form of a fraction, where the numerator and denominator are reduced to their smallest possible values by dividing both by their greatest common divisor.

Mixed Numbers

Mixed Numbers are numbers consisting of an integer and a fraction, commonly used in mathematics to represent sums of whole numbers and fractions.

Improper Fractions

A fraction in which the top number exceeds the bottom number, indicating it represents a whole number plus a fraction.