Contracts
A Tennessee real estate contract is said to have 'mutual assent' when:
AOnly the buyer has signed the contract
BBoth parties have agreed to all material terms — offer and acceptance are complete✓ Correct
CThe contract has been recorded in the county register's office
DThe earnest money has been deposited
Explanation
Mutual assent (meeting of the minds) requires that both parties agree to all essential terms of the contract — a valid offer and an unequivocal acceptance. It is a basic requirement for contract formation.
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