In Order for a Deed to Be Effective Between the Purchaser

question 53

Multiple Choice

In order for a deed to be effective between the purchaser and the seller of real estate,the deed must:

• A) be in writing and signed by both parties.
• B) include the actual sale price.
• C) be recorded pursuant to the state statute.
• D) be delivered to the buyer by the seller with the intent to transfer title.

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Definitions:

Realistic Alternative

A feasible and practical option that can be considered when making decisions or solving problems.

Approach-Approach

A conflict occurring when an individual must choose between two desirable outcomes or stimuli, leading to a decision-making process.

Positive Outcome

A result or effect that is beneficial or advantageous.

Conflict Resolution

The process of resolving a disagreement or dispute between parties in a constructive manner.