one y Jason just closed on the purchase of real estate under an installment sales contract. Which of the following accurately describes Jason's present status? Jason acquires equitable title for now but can NOT take possession while paying off the loan. Jason acquires legal title immediately and can take possession while paying off the loan. Jason acquires equitable title for how and can take possession while paying off the loan. Jason acquires stocks in the corporation that owns the property.
one y Jason just closed on the purchase of real estate under an installment sales contract. Which of the following accurately describes Jason's present status? Jason acquires equitable title for now but can NOT take possession while paying off the loan. Jason acquires legal title immediately and can take possession while paying off the loan. Jason acquires equitable title for how and can take possession while paying off the loan. Jason acquires stocks in the corporation that owns the property.
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Transcribed Image Text:one y
Jason just closed on the purchase of real estate
under an installment sales contract.
Which of the following accurately describes
Jason's present status?
Jason acquires equitable title for now but can
NOT take possession while paying off the loan.
Jason acquires legal title immediately and can
take possession while paying off the loan.
Jason acquires equitable title for how and can
take possession while paying off the loan.
Jason acquires stocks in the corporation that
owns the property.
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