Property Ownership
In South Carolina, 'equitable title' in a real estate transaction refers to:
AEqual ownership between co-owners
BThe buyer's right to eventually receive legal title upon completion of the purchase contract✓ Correct
CA fair market value title
DTitle held by the court during litigation
Explanation
Equitable title is the buyer's right to ownership under a purchase contract once they fulfill their obligations. They have a contractual right to receive the deed (legal title) upon closing.
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