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A(n)________ Is an Installment Contract for the Purchase of Land

Question 62

Multiple Choice

A(n) ________ is an installment contract for the purchase of land in which a buyer agrees to pay the purchase price over time and assumes many responsibilities of the owner,but the seller keeps legal title and does not turn over the deed until the purchase price is paid.


A) equity of redemption
B) deed of trust
C) land contract
D) possessory lien

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