Contracts
In an Alaska installment land contract (contract for deed), legal title is held by:
AThe buyer upon signing the contract
BThe title company in escrow
CThe seller until the buyer completes all payments✓ Correct
DThe county recorder upon recording the contract
Explanation
In a contract for deed (installment land contract), the seller retains legal title until the buyer has made all required payments. The buyer receives equitable title and possesses the property but does not receive the deed until the final payment is made.
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