Contracts
A purchase contract for an Illinois residential property typically requires the seller to deliver a deed at closing that is free from which type of liens?
AOnly mortgage liens
BAll monetary liens, including mortgages, judgment liens, mechanic's liens, and tax liens (unless otherwise agreed)✓ Correct
COnly unpaid property taxes
DOnly voluntary liens created by the seller
Explanation
Unless otherwise agreed, a seller is required to deliver title free from all monetary liens — including mortgage liens (which must be paid off at closing), judgment liens, mechanic's liens, and property tax liens. These liens must be satisfied or released before or at closing so the buyer receives clear, unencumbered title.
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