Escrow & Title
The doctrine of merger in real estate means that upon closing:
ATwo companies combine into one
BThe purchase contract merges into the deed, which becomes the definitive agreement✓ Correct
CThe buyer and seller become jointly responsible for all liabilities
DPrior easements are automatically extinguished
Explanation
The doctrine of merger holds that upon closing, the purchase contract is superseded by (merged into) the deed, which becomes the final expression of the parties' agreement.
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