Contracts
Under Ohio law, the doctrine of 'merger' in real estate means that:
AWhen two companies both hold listings on the same property
BUpon closing, the purchase contract merges into the deed, and the deed becomes the controlling document✓ Correct
CA buyer and seller merge their interests in a joint venture
DThe listing agreement merges with the buyer agency agreement
Explanation
The doctrine of merger holds that the contract of sale 'merges' into the deed at closing. The deed becomes the final expression of the agreement, and contractual warranties not expressly included in the deed are generally extinguished.
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