The seller in a contract is called the:

Study for the Louisiana Title Insurance Exam. Engage with flashcards and multiple choice questions. Hints and explanations guide your way. Prepare confidently for your certification!

In real estate transactions, the seller in a contract is referred to as the "vendor." This term is commonly used across various legal and real estate contexts to identify the party that conveys or sells property to another party, who is known as the "vendee." Understanding the terminology is crucial for clarity in contracts and transactions.

The vendor has specific rights and obligations in the contract, including the responsibility to deliver clear title to the property and fulfill any representations made in the agreement. By identifying the seller as the vendor, it helps establish the roles of the parties involved in the transaction and aligns with standard terminology used within Louisiana and many other jurisdictions in real estate law.

Being familiar with these terms is essential for those involved in the real estate process, including title insurers, agents, and legal professionals.

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