Contracts
A Mississippi contract of sale for real property is 'executed' when:
ABoth parties have signed it
BAll obligations under the contract have been fully performed (i.e., the property has transferred and payment has been made)✓ Correct
CThe earnest money is deposited
DThe contract is filed with MREC
Explanation
A contract is 'executed' (as opposed to 'executory') when all obligations have been fully performed. In a real estate transaction, the contract is fully executed at closing when the deed is delivered and the purchase price is paid.
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