Which of the following is not an event that occurs at a real estate closing?
A. The deed to the property is delivered to the buyer.
B. The buyer signs the mortgage note (if the purchase was financed by a mortgage).
C. The seller receives the proceeds of the sale (the purchase price less the amount previously paid by the buyer and less closing costs).
D. The buyer applies for a loan to purchase the real estate.
Answer: D
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