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In the Case of _____,A Buyer Takes Possession of the Property,pays

Question 11

Multiple Choice

In the case of _____,a buyer takes possession of the property,pays the taxes,insures the property,and assumes several obligations of an owner.However,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

Correct Answer:

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