Contracts
A Tennessee real estate sales contract is considered 'executed' when:
AThe buyer submits an offer
BThe earnest money is deposited
CAll parties have signed and the contract has been delivered and accepted✓ Correct
DThe closing date is scheduled
Explanation
A contract is executed (fully formed and binding) when all parties have signed it and it has been communicated/delivered back to the offeror. Both signature and delivery/communication are necessary for a binding agreement.
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