Contracts
A Missouri land contract (contract for deed) differs from a conventional sale because:
AThe buyer receives title immediately at signing
BThe seller retains legal title until the buyer completes all payments✓ Correct
CNo deed is ever recorded
DMREC must approve all land contracts
Explanation
In a Missouri land contract (contract for deed), the seller retains legal title while the buyer receives equitable title. The deed is only delivered after all contractual payments are made.
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