Which responsibility belongs to a seller in a real estate transaction?

Prepare for the Pennsylvania Laws and Rules Test with flashcards and multiple-choice questions. Each question includes hints and explanations. Boost your confidence and get ready for your exam!

In a real estate transaction, one of the fundamental responsibilities of the seller is to provide a clear title to the property being sold. This means that the seller must ensure that there are no encumbrances, such as liens or claims against the property, which could affect the buyer's ownership rights. A clear title is essential because it gives the buyer confidence that they will have full ownership without unexpected legal issues arising after the purchase. This responsibility is critical in facilitating a smooth transaction and protecting the interests of the buyer.

While marketing the property is indeed a responsibility of the seller, it is more focused on the sale process rather than ensuring the legal aspects of the property are secure. Arranging financing for the buyer typically falls under the buyer's responsibilities, as they are the ones acquiring the funds for the purchase. Likewise, setting up the closing date is usually a collaborative effort involving both the buyer and seller, along with their respective agents and attorneys, rather than solely a seller's responsibility. Therefore, providing a clear title is a definitive obligation that directly impacts the legal transfer of ownership, making it the correct answer in this context.

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