Installment Contract For Deed In Mecklenburg
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Computer Service Contracts: Contracts for computer or technology services, such as software subscriptions, often involve installment payments being made over a set period of time; Agricultural Sales Contracts: In these contracts, the goods are subject to seasonal cycles, such as produce or agricultural goods.
The main advantage of this type of transaction involves avoiding the usual costs associated with obtaining financing from a bank or other lender, such as closing costs and fees. However, it is easy for a contract for deed to go poorly and end up hurting the homebuyer financially.
I want to get a copy of the deed to my land. How can I do that? Go to your Register of Deeds Office and look at the document there. Find your Register of Deeds in: Your phone book under county government. Look it up online. Many counties have their real property (land) records online. Go to the county website.
Can I prepare my own deed and have it recorded? North Carolina law allows you to prepare a Deed of Conveyance for any real property to which you have legal title.
Title searches, examinations, closings and policy production are, ordinarily, performed by non-attorneys. Non-attorney title professionals are permitted to prepare form deeds provided that they are instructed to do so by a licensed realtor or attorney.
May I make out my own deed? Yes you may, however, we always recommend consulting an attorney regarding property transfers and changes, because minor changes in the wording of the document can completely change the legal meaning of the document.
Can I prepare my own deed and have it recorded? North Carolina law allows you to prepare a Deed of Conveyance for any real property to which you have legal title. However, the conveyance of real property is a legal matter that should be given under and with the advise of legal counsel.
Drafting of legal documents, including deeds, mortgages, and other transaction documents must be prepared by a NC attorney. NCGS § 84-2.1. Non-attorneys may provide limited services in a real estate closing including witnessing of closing documents and receipt and disbursement of closing funds.
You can sell a property with a land contract at any time. However, selling a home on a land contract while having an underlying contract may violate the agreement.
