Contracts
The 'merger doctrine' in New York real estate law means that after closing:
AAll pre-closing obligations are assigned to the buyer
BMost representations and warranties in the contract of sale 'merge' into the deed and are extinguished✓ Correct
CThe seller's broker automatically becomes the buyer's agent
DThe title company assumes all liabilities
Explanation
The merger doctrine holds that once a deed is accepted at closing, the terms of the prior contract of sale generally merge into the deed and are extinguished, except for obligations specifically stated to survive closing.
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