Examples of Land contract in a sentence
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.
Land contract vendors and vendees can be individuals, partnerships, corporations, estates, trusts, or other entities.
Land contract terms are usually stated as part of the land contract.
Once the Buyer has made (24) twenty-four or more rental payments, the parties hereto shall execute a "Conditional Sales Contract" (Land contract) form embodying the terms contained herein.
The prior settlement statement will be required for proof of purchase price Refinance of a previous cash out seasoned < 1 year will be considered cash out refinance. Refinancing of a Land contract is considered a purchase and LTV should be calculated using purchase price.