Contracts
A Missouri purchase contract includes a 'merger clause.' This means that at closing:
ATwo companies merge
BAll prior agreements and representations are merged into the deed; the deed controls✓ Correct
CThe buyer takes on the seller's mortgage
DThe purchase contract is recorded
Explanation
The merger doctrine holds that at closing, all prior agreements, negotiations, and the purchase contract are merged into the deed. The deed becomes the final expression of the parties' agreement.
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