Which instrument also contains a power of sale clause, warranty to title clause, reconveyance clause, acceleration clause, receiver clause, and owners rent clause?

• A. Contract of deed
• B. Trust deed
• C. Mortgage
• D. Warranty deed

Answer: (A)

Contract-for-deed arrangements bundle a broad range of protective and enforcement clauses because the seller retains legal title until the buyer completes all payments. In this setup, the instrument is designed to protect the seller's interest and provide remedies if the buyer defaults, while still enabling the sale to move forward. A power of sale clause allows the seller to quickly reclaim and resell the property without lengthy court action if payments stop. A warranty to title clause helps reassure the buyer that the seller can convey good title when the agreement is fulfilled. A reconveyance clause specifies that title will be transferred to the buyer once all obligations are met. An acceleration clause makes the entire remaining balance due if the buyer defaults. A receiver clause permits the court to appoint a receiver to collect rents and manage the property during disputes or foreclosure. An owners rent clause covers how rents are handled, often ensuring they assist in meeting the debt obligations. While other instruments may include some of these provisions, the full combination is most characteristic of a contract for deed, making it the best answer.