In reference to deeds, what is the closest definition of “delivery in escrow”?
The grantee obtains physical possession of the completed deed from the grantor.
A deed is considered invalid until it is signed by the grantor.
The grantor delivers the deed to a trustee, who holds onto the deed until the grantee has completed any required actions.
A deed is completed but not delivered, such as when a death occurs and the deed is found in the grantor’s home.
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