Contracts
When a real estate contract is said to be 'executed,' it means:
AThe contract has been notarized
BAll parties have signed the contract
CAll duties and obligations under the contract have been fully performed✓ Correct
DThe contract has been recorded with the county
Explanation
An executed contract is one in which all parties have fully performed their duties and obligations. This is different from an executory contract, in which some obligations remain to be performed.
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