Title will be delivered on a different day than the day the buyer plans to take possession on. The parties should use a/an:
A. interim occupancy agreement
B. quitclaim deed
C. assignment of rents
D. option agreement
Answer: A. interim occupancy agreement
Explanation: If the buyer will be taking possession before closing or the seller will remain in possession after closing, the parties should sign an interim occupancy agreement for that period.
Business
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