Property Ownership

What is the doctrine of merger in Ohio real estate?

AThe merger of two real estate companies
BThe principle that a contract merges into the deed at closing, extinguishing most contract terms✓ Correct
CThe joining of two adjacent properties
DThe merger of a mortgage and a deed

Explanation

The doctrine of merger holds that contract obligations that should have been included in the deed merge into the deed upon closing. This means buyers typically cannot sue on contract terms after accepting the deed, unless specifically preserved.

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