Which of the following would be most advantageous to a seller who sells a parcel of real property by using a conditional sales contract instead of using a grant deed and carrying back a first trust deed:

A: The buyer under the land contract holds equitable title and is entitled to the full use and enjoyment of the property;
B: This method allows the property to be sold when conventional financing is difficult to secure;
C: The seller retains legal ownership of the property until the buyer makes the final payment;
D: The requirements for a down payment and other financing terms are flexible.

Answer: C: The seller retains legal ownership of the property until the buyer makes the final payment;

Business

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