19 The sellers main responsibility at closing is to O A have the money to close the transaction O B remove all encroachments O C provide clear and marketable title D make sure the house numbers are readable from the street

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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19 The sellers main responsibility at closing is to
O A have the money to close the transaction
B remove all encroachments
O C provide clear and marketable title
O D make sure the house numbers are readable from the street
Question 20
20 The buyers main responsibility at closing is
O A provide funds to close the transaction
O B make sure the realtor gets paid
C make sure the deed gets recorded
O D verify all repairs were completed as specihed
Question 21
21 In order to convey title the deed must be signed by the
O A grantee.
O B grantor
O C sellers agent
O Da power of attorney
Transcribed Image Text:19 The sellers main responsibility at closing is to O A have the money to close the transaction B remove all encroachments O C provide clear and marketable title O D make sure the house numbers are readable from the street Question 20 20 The buyers main responsibility at closing is O A provide funds to close the transaction O B make sure the realtor gets paid C make sure the deed gets recorded O D verify all repairs were completed as specihed Question 21 21 In order to convey title the deed must be signed by the O A grantee. O B grantor O C sellers agent O Da power of attorney
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