Finance
An Oklahoma buyer who uses a land contract (contract for deed) to purchase a home receives:
ALegal title immediately upon signing
BEquitable title upon contract signing with legal title to be delivered when the purchase price is fully paid✓ Correct
CNo title interest until the last payment is made
DA deed recorded in their name at closing
Explanation
In a contract for deed (land contract), the buyer receives equitable title (the right to possess and benefit from the property) at contract signing, but legal title remains with the seller until the purchase price is fully paid and a deed is delivered.
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