Installment Contract Agreement With Seller In Maricopa
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FAQ
Under this financial arrangement, the purchaser takes equitable title to the real property and has the right to possession and use of the real property while making installment payments to the seller.
A contract for deed, also known as an installment sales contract or installment land contract, is a legal agreement where a buyer makes regular payments to the seller for the property over time.
The answer in Arizona is no unless the buyer is in breach of the contract. A buyer and Seller are legally under contract once both sign the contract and it is delivered. At that point it is a legally binding contract.
And failing to abide by the contractor. Will have legal consequences. So if a seller is wanting toMoreAnd failing to abide by the contractor. Will have legal consequences. So if a seller is wanting to do so then we recommend they seek legal advice immediately due to the legal. Ramifications.
Listing agreements are usually cancelled only with the mutual consent of the involved parties.