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Agreement Deed Form

Agreement Deed Form

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What makes the example of subordination agreement for mtg legally binding?

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Instructions and help about agreement deed

[Music] hi I'm chip Waller I'm often asked about using an agreement for deed uh an agreement for deed is form of owner financing wherein the uh seller retains the title to the property and allows the buyer or the borrower to go in possession of the property and that's called Equitable Title Equitable Title means the buyer borrower has all the rights to the property except for legal title the legal title is held for the purposes of securing the payment of the monies that are owed under the agreement for deed or the form of financing uh many people want to hold their title uh and they think that's a a Surefire way of being paid however Florida uh has treats agreements for deed the same as a note and mortgage uh the the title issue as far as splitting the legal title from the equal title complicates matters substantially uh and however there are no advantages which I'm particularly aware of than agreement for deed offers over a note and mortgage uh

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