Property Ownership
In Louisiana, when does title to real property transfer to the buyer?
AWhen the purchase agreement is signed
BWhen the earnest money is deposited
CAt the act of sale (closing)✓ Correct
DWhen the buyer moves into the property
Explanation
In Louisiana, title to real property transfers to the buyer at the act of sale (closing), when the notarized act of sale is executed and the parties fulfill their obligations.
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