Property Ownership
In NC, the 'doctrine of merger' in real estate means that when a buyer receives the deed at closing:
AThe purchase contract survives closing and remains enforceable
BAll prior negotiations and the purchase contract generally merge into the deed, with the deed controlling✓ Correct
CThe buyer and seller merge their interests
DThe title company merges the lender's and owner's policies
Explanation
The doctrine of merger holds that upon delivery and acceptance of the deed at closing, the purchase contract provisions typically merge into the deed — the deed becomes the final expression of the conveyance.
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