Real Estate FinancingMEDIUMFREE
Assume the contract for the sale of real prop- erty includes the sale of certain removable items, such as paintings and furniture. Upon delivery of the deed, the seller also should deliver
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Question & Answer
Review the question and all answer choices
A
a bill of sale.
Correct Answer
B
an estoppel certificate.
C
a chattel mortgage.
D
a satisfaction piece.
Why is this correct?
A bill of sale transfers ownership of personal property (chattels).
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