Chapter 4.1.
Sale of uncompleted private properties

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Charles is selling his house to Diana.
After Diana exercises the OTP by paying the remaining down payment, what document becomes binding between Charles and Diana?

Mcq Answers

The answer is C

After the OTP is exercised by the buyer through the payment of the remaining down payment, the Sale & Purchase Agreement (S&P) becomes binding between the seller and the buyer.

Charles is selling his house to Diana. After Diana exercises the OTP by paying the remaining down payment, what document becomes binding between Charles and Diana?