Escrow & Title
Which document in a Maine real estate closing conveys title from the seller to the buyer?
AThe promissory note
BThe mortgage
CThe deed✓ Correct
DThe purchase and sale agreement
Explanation
The deed is the legal document that conveys ownership (title) of real property from the grantor (seller) to the grantee (buyer). The mortgage and note relate to the loan, and the purchase agreement is the contract to buy.
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