Next Generation Bar Exam Quiz
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REAL PROPERTY
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PASSAGE
A seller has occupied a parcel of land as a residence for the past 22 years. The seller has no deed or other written evidence of ownership in the chain of title; she obtained possession through a long-ago verbal gift from a neighbor who never executed a deed. The seller's possession has been open, notorious, continuous, exclusive, and adverse under the applicable 15-year statute. The seller now enters into a contract to sell the parcel, promising to deliver marketable title. The buyer, having found no record title in the seller, refuses to close.
Is the buyer obligated to close, and why?
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