Contracts
In New York residential real estate transactions, who typically prepares the purchase and sale contract?
AThe listing broker
BThe buyer's agent
CAn attorney for one of the parties (usually the seller's attorney)✓ Correct
DThe title company
Explanation
New York is an attorney-closing state. It is customary and standard practice for the seller's attorney to draft the purchase contract.
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- In New York residential real estate transactions, who typically prepares the contract of sale?
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