Final answer:
The buyer should carefully check that the deed's specifications match the purchase agreement when tendered at the closing. For a seller to reassure a buyer who lacks information, providing warranties, enabling inspections, and offering trial periods can help. The correct option is a.
Step-by-step explanation:
When the deed is tendered at the closing, the buyer should carefully check to make sure the deed's specifications are in accord with the contract. This involves verifying that the legal description of the property, the names of the parties, and any encumbrances or easements are consistent with the terms agreed upon in the purchase agreement.
If there are discrepancies, resolving them before completing the transaction is crucial to ensuring a clear title and avoiding potential legal issues. In real estate transactions, such as when a farm is sold for commercial or residential development, an accurate property title is essential, including precise dimensions and acreage calculations.
To reassure a potential buyer who is faced with imperfect information, a seller of goods might provide warranties, allow inspections, offer trial periods, show reviews and testimonials from other customers, or provide documentation such as certificates of authenticity.
These actions can build trust and reduce perceived risk for the buyer. Particularly in the sale of land, a seller must ensure that all property details are transparent and verifiable to overcome any concerns due to imperfect information. The correct option is a.