What Are The Disadvantages Of A Contract For Deed

State:
Kentucky
Control #:
KY-00470A
Format:
Word; 
Rich Text
Instant download

Description How Does A Land Contract Work In Kentucky

This Assignment of Contract for Deed by Seller form is for a Seller who has signed a contract for deed to assign it to a third party. This form is usually used to transfer the contract in exchange for a discounted cash value. The person who received the assigned contract steps into the shoes of the Seller and receives future payments from the Purchaser. The Seller may also desire to convey the property to the assignee, or if not, be prepared to execute a deed to the Purchaser upon request of the assignee.

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What Are The Disadvantages Of A Contract For Deed