Actual Title is defined as:

Actual Title is defined as:

• A. The time when the title actually changes hands—after delivery and acceptance of the deed
• B. The buyer's interest between acceptance and closing
• C. The amount of earnest money
• D. The right to sue

Answer: (A)

Actual title is the moment ownership actually passes from seller to buyer, which happens when the deed is delivered to the buyer and accepted. Up to that point, the seller still holds title and the buyer has only a contractual or equitable interest. Recording the deed later publicizes the transfer, but it does not create the transfer itself. The other ideas relate to deposits or remedies, not who owns the property.

Actual title is the moment ownership actually passes from seller to buyer, which happens when the deed is delivered to the buyer and accepted. Up to that point, the seller still holds title and the buyer has only a contractual or equitable interest. Recording the deed later publicizes the transfer, but it does not create the transfer itself. The other ideas relate to deposits or remedies, not who owns the property.