What is typically provided to the seller to address title defects?

The correct answer is related to the process of resolving issues with the title to a property before it is sold. A curative period is a specified duration during which the seller is allowed to fix any identified defects or issues related to the title. This could include addressing liens, unresolved claims, or any discrepancies in ownership records. By providing this period, the buyer is given assurance that any problems will be rectified, thus ensuring a cleaner transfer of ownership.

In contrast, other options like a settlement date and conveyance term pertain to the timing and details of the sale rather than directly addressing title defects. A financing provision relates to the terms under which a buyer secures funding to purchase the property, which again doesn't address the specifics of clearing up title defects. Thus, the curative period is essential in the context of ensuring a clear title and facilitating a successful transaction.