Which of the Following Is Not an Event That Occurs

question 60

Multiple Choice

Which of the following is not an event that occurs at a real estate closing?

• A) The deed to the property is delivered to the buyer.
• B) The buyer signs the mortgage note (if the purchase was financed by a mortgage).
• C) The seller receives the proceeds of the sale (the purchase price less the amount previously paid by the buyer and less closing costs).
• D) The buyer applies for a loan to purchase the real estate.

---

Definitions:

Self-efficacy

Someone's trust in their own skill to perform tasks needed for certain achievements.

Competence

The ability to do something successfully or efficiently, often referring to a specific skill set or knowledge area.

Intrinsic Motivation

the drive to engage in an activity for its own sake, deriving pleasure and satisfaction from the activity itself rather than from any external rewards.

Extrinsic Motivation

Inspiration fueled by outside incentives like financial gain, celebrity status, academic marks, and commendations.