Examples of Land contract in a sentence
Land contract, mortgage, construction, and condominium lien foreclosure matters and actions involving the enforcement of condominium and homeowners associations governing documents.
Land contract: Contract term and Contract date: A purchase allowing the grantee possession of the property and the grantor retaining the deed to the property until the terms of the contract are met.
Land contract vendors and vendees can be individuals, partnerships, corporations, estates, trusts, or other entities.
Land contract vendors shall not be members; land contract vendees shall be members.
Land contract vendees shall be recognized as owners unless the vendor provides the Association with a copy of the land contract expressly reserving voting privileges to the vendor.