Contracts
A Texas real estate purchase contract is considered 'executed' when:
ABoth parties have signed the contract
BAll contractual obligations have been fully performed and closed✓ Correct
CThe earnest money has been deposited
DThe buyer has obtained financing approval
Explanation
An 'executed' contract is one where all parties have fully performed their obligations — the deal has closed, the deed has been delivered, and the purchase price has been paid. An 'executory' contract is one where performance is still owed.
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