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When transferring a deed, is it possible for a seller to continue to control how the property will be used by the buyer?

a) Yes, through a separate agreement
b) No, control is entirely transferred to the buyer
c) Only if the buyer agrees to specific terms
d) Depends on the local property laws

User Donghee
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1 Answer

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Final answer:

When transferring a deed, the seller can control how the property will be used by the buyer through a separate agreement, subject to the buyer's agreement and local property laws.

Step-by-step explanation:

When transferring a deed, the seller typically relinquishes control over how the property will be used by the buyer. Control is generally entirely transferred to the buyer, unless there is a separate agreement in place that allows the seller to retain some level of control. This agreement may outline specific terms or restrictions that the buyer must agree to regarding the use of the property.

For example, the seller might include provisions in the agreement that limit certain activities on the property or require the buyer to maintain it in a certain condition. However, it's important to note that these terms must be agreed upon by the buyer for the seller to continue to control how the property will be used.

The ability for a seller to retain control over the property also depends on the local property laws. Some jurisdictions may have specific regulations or provisions that allow sellers to place restrictions on the use of the property even after the transfer of the deed.

User David Andres
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