Question

In: Economics

What action serves to transfer title to real estate?​ Select one: a. ​recording of the deed...

What action serves to transfer title to real estate?​

Select one:

a. ​recording of the deed in the real property records

b. ​the seller signing the deed

c. ​delivery of the deed to the purchaser

d. ​listing the property with a real estate agent

Solutions

Expert Solution

The answer is option b- The seller signing the deed

The selling or transfer certificate is a document drawn up at the time of the sale of the property. Signing the deed means that the sale process has been completed. The seller passes the right of ownership by sale to the buyer

Rahul Sunny answered 1 year ago
Next > < Previous

Related Solutions

BUSINESS LAW REAL ESTATE LAW What are the requirements for a "deed" (a document to transfer...
BUSINESS LAW REAL ESTATE LAW What are the requirements for a "deed" (a document to transfer title to property) to be valid?
You are considering purchasing real estate. Describe the provisions of a warranty deed, quit claim deed,...
You are considering purchasing real estate. Describe the provisions of a warranty deed, quit claim deed, and contract for deed. Explain what form is most desirable for a seller and also for a buyer. Give some examples.
Put these steps required for the transfer of real property: preparing the deed, signing of the...
Put these steps required for the transfer of real property: preparing the deed, signing of the deed, delivery, filing of the deed, ownership, possession
With respect to real property, due diligence is a. the process of recording the title b....
With respect to real property, due diligence is a. the process of recording the title b. the contract negotiation c. the criminal background check on the seller d. the process of investigating the property
What are some ethical challenges in real estate and how the professional real estate investor and...
What are some ethical challenges in real estate and how the professional real estate investor and broker should effectively handle those ethical challenges?
Real estate Describe the real estate life cycle and what forces play a role in its...
Real estate Describe the real estate life cycle and what forces play a role in its composition.
What is the primary role of the real estate appraisal? What are the currently accepted four methodologies for appraising real estate?
What is the primary role of the real estate appraisal? What are the currently accepted four methodologies for appraising real estate? What role does market value and agreed contract price play in the process? (CLOS5)
What best describes free will? Select one: A. A free action is one which I cause...
What best describes free will? Select one: A. A free action is one which I cause and which is not caused by anything else. B. a legal document obtained through Legal Zoom C. God's will for me to act according to His will D. An action that I choose as determined by millions of years of evolution
Gordon purchased real estate for $900,000 and listed title to the property as “Gordon and Fawn, joint tenants with right of survivorship.”
Gordon purchased real estate for $900,000 and listed title to the property as “Gordon and Fawn, joint tenants with right of survivorship.” Gordon predeceases Fawn when the real estate is worth $2,900,000. Gordon and Fawn are brother and sister.  a. Did a gift occur when the real estate was purchased? Explain.  b. What, if any, are the estate tax consequences upon Gordon’s death?  c. Under part (b), would your answer change if it was Fawn (not Gordon) who died? Explain.
What is NOT included in the AIDA acronym? Select one: a. action b. desire c. attention...
What is NOT included in the AIDA acronym? Select one: a. action b. desire c. attention d. interest e. attitude In the initial introduction of the Prius, Toyota put much effort into building awareness of the emerging need for hybrid cars and also educating potential customers about what a hybrid car actually is. This is an example of the ________ stage in the AIDA model. Select one: a. attention b. desire c. action d. interest e. decision ________ provides an...
ADVERTISEMENT
Subjects
ADVERTISEMENT
Latest Questions
ADVERTISEMENT