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The sale of real estate under a conditional installment sale gives the buyer (vendee):

Correct Answer

D) an estate for years.

A land contract gives the buyer equitable title; legal title transfers after full payment.

Answer Options
A
possession of the property.
B
a freehold estate.
C
an estate of inheritance.
D
an estate for years.
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Real property is immovable land and anything permanently attached to it, while personal property (also called chattels) is movable.

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