Contracts
Under the GAR contract, the seller's obligation to provide a deed at closing requires delivering a deed that conveys:
AOnly the surface rights
BMarketable title free from material defects and encumbrances not specified in the contract✓ Correct
CTitle as-is with all existing encumbrances
DOnly the improvements, not the land
Explanation
The seller's obligation at closing is to deliver good and marketable title — title free from material defects, encumbrances, and claims that would interfere with the buyer's quiet enjoyment, except those specifically disclosed in the contract.
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