Escrow & Title
A West Virginia property is sold through an installment land contract (contract for deed). During the installment period, legal title is held by:
AThe buyer (vendee)
BThe seller (vendor)✓ Correct
CA neutral escrow agent
DThe county clerk
Explanation
In an installment land contract (contract for deed), the seller (vendor) retains legal title during the payment period while the buyer (vendee) holds equitable title and possession. Legal title transfers to the buyer only when all payments are made.
Related West Virginia Escrow & Title Questions
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