Question

At the closing for her new home, the purchaser asked when her title to the real estate would be transferred. The tile to the property transfers ________

Answer 1

The title to property usually transfers from seller to buyer at the closing of the sale when all documents are signed and funds disbursed, as long as all conditions of the purchase agreement are met.

Step-by-step explanation:

The title to property in a real estate transaction typically transfers from the seller to the buyer at the closing of the sale. During the closing, the title is legally conveyed to the purchaser through a deed. The exact moment the title transfers can vary depending on local law and the specific terms of the purchase agreement. However, generally, once all closing documents have been signed, and the funds have been disbursed, the title to the property passes to the purchaser. It is essential that all terms outlined in the purchase agreement, such as possession and the condition of the residence, are met to ensure a smooth transfer of ownership.