On May 1,Orianna Forwarded Her Client's Signed Title Transfer Document,keys,and

question 25

Multiple Choice

On May 1,Orianna forwarded her client's signed title transfer document,keys,and remote control for the garage door to the purchaser's lawyer.The items were sent in trust,on the express condition that she receive the payment of the balance of the purchase price in return.John will comply,then submit the transfer document to the registry promptly for registration.In the meantime,which of the following should John's clients have effectively put in place for the May 1 closing date?

• A) a certificate of mortgage financing
• B) a certificate of insurance coverage
• C) a registrable mortgage to pay the balance of the price due
• D) mortgage financing and executed mortgage documents

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