Contracts
A South Carolina 'installment land contract' (contract for deed) places a risk on the buyer because:
AThe buyer immediately gets full legal title
BThe buyer can lose all payments made if they default before receiving the deed✓ Correct
CThe seller retains no interest in the property
DThe contract is automatically enforceable without a down payment
Explanation
Under an installment land contract, the seller retains legal title until the final payment. If the buyer defaults, they risk losing all payments made.
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