Contracts
The term 'closing' in a New Hampshire real estate transaction refers to:
AThe signing of the listing agreement
BThe settlement date when title transfers, funds are exchanged, and the transaction is completed✓ Correct
CThe expiration of the inspection contingency
DThe date the property is listed on the MLS
Explanation
Closing (settlement) is the final step in a real estate transaction where the deed is delivered, the purchase price is paid, all documents are executed, and title transfers from seller to buyer.
Related New Hampshire Contracts Questions
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