Brenda is the potential buyer of 34 Spruce Avenue from Arthur, the seller. They have negotiated a price and Brenda has made a serious offer on the property, which is above the actual listed purchase price. Brenda is very keen to become a property owner; when will ownership of the property transfer to her? 0 At the time Arthur receives the deposit 0 At the time specified in the agreement of purchase and sale as the "closing date\" 0 At the time Brenda and Arthur sign the agreement of purchase and sale 0 At the time Brenda pays the deposit