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Hereinafter Grantees, the Following Lands and Property, Together with All Improvements Located Thereon, Form

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Hereinafter Grantees, the Following Lands and Property, Together with All Improvements Located Thereon, Form

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question 55 sellers can extend credit to a buyer through use of a a deed B option C land contract D easement correct answer is C land contract a land contract also known as a contract for deed or installment sale contract is a type of seller financing Arrangement where the seller extends credit to the buyer the buyer makes periodic payments to the seller and the seller retains title to the property until the full purchase price is paid once the full purchase price is paid the seller transfers title to the buyer under the terms of a land contract the buyer assumes ownership of the property so long as he meets the terms of the contract land contracts provide property buyers with an opportunity to buy a tra of land or a building without having to qualify for a mortgage

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