Real Estate Mortgage Completion Date Quiz

The date when the real estate agents get paid

The date when the money is transferred to the seller and the land title is transferred to the buyer (correct)

The date when lawyers tally up debits and credits for the deal

The date when the property keys are handed over to the buyer

The date when the money is transferred to the seller

The day lawyers tally up debits and credits for the deal

The date when the property taxes are due

The day the purchaser gets the keys and physical access to the property (correct)

To transfer the land title to the buyer

To complete the transaction and transfer the money to the seller

To set the deadline for property tax payments

To tally up the debits and credits to balance out the deal (correct)

<p>It is the cut-off day for taxes, marking the start of a new tax year</p> Signup and view all the answers

<p>The vendor has already settled the taxes for the current year</p> Signup and view all the answers

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