Course Solutions Uncategorized (Solved) : Which Of The Following Dates Is The Executed Transaction Date And Why Did You Choose That Date . . .

(Solved) : Which Of The Following Dates Is The Executed Transaction Date And Why Did You Choose That Date . . .

Question Description

A sale of property goes through many phases before the new owner moves into a house. Which of the following dates is the executed transaction date and why did you choose that date?

January 5 – the property is listed

March 1 – the seller accepts the offer

March 29 – new loan papers are signed by the buyer

March 30 – buyer receives settlement statement and all monies are deposited into escrow

March 31 – grant deed and trust deed are recorded

April 1 – broker gets commission

April 15 – seller moves out of the house

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