Contracts
In Ohio, a 'concurrent condition' in a real estate contract means:
ATwo contracts are signed simultaneously
BBoth parties' obligations must be performed at the same time✓ Correct
CTwo contingencies must both be satisfied
DThe contract was signed concurrently with the listing agreement
Explanation
Concurrent conditions mean that both parties' performance is due simultaneously — the buyer tenders the purchase price at the same time the seller delivers the deed.
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