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    Smith and Robersons Business Law
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    Exam 49: Transfer and Control of Real Property
  5. Question
    A Transaction Involving Real Estate Whereby One Party Deposits a Deed
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A Transaction Involving Real Estate Whereby One Party Deposits a Deed

Question 1

Question 1

Multiple Choice

A transaction involving real estate whereby one party deposits a deed or money with a third party who holds the deed or funds until the happening of an agreed-upon event is called a(n) :


A) adverse possession.
B) escrow.
C) foreclosure.
D) abstract of title.

Correct Answer:

verifed

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