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A land contract should outline when payment is due, what the terms are, and who takes care of maintenance. It should also outline who pays for utilities and taxes.
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What should I do if a hospital violates an organ harvest agreement?
First you should review the contract that you signed to make certain the hospital didn't cover its actions by the provisions set forth in that contract. Also, determine if your condition that her organ donation would not affect her viewing at the wake was mentioned in the contract. If you still have questions you should contact an attorney who specializes in contract law who can review your situation and explain your rights and options.
What other fees apply when you signed a contract with verizonbesides activation fees and taxes?
The contract should detail all fees, charges, rights, and responsibilities. If it fails to do this then contact the company and ask relevant questions
How would one describe a land contract?
A land contract is a contract between seller and buyer of property. A contract is only made when an agreement between seller and buyer has been reached. The seller becomes the land owner only when the full payment has been made.
How much interest can a seller charge on land contract?
A seller can charge whatever interest they wish on a land contract. The buyer doesn't have to sign a contract if they don't agree with the terms.
If we signed a construction contract for the purchase of land and the build of a home but one of the land owners refused to sign the contract what are our legal ramifications?
If one of the fee owners didn't sign the contract then you don't have a valid contract. In order for the contract to purchase land and build on it to be valid and binding on the parties it must be signed by all of the purchasers and all of the fee owners.
Is an oral contract for land enforceable in Massachusetts?
No
On a land contract in Ohio can the lesses resell the property?
A land contract is just like any other contract, complete with contract law principles. No one can sell the property until either the contract is either fufilled or breached. If it is fufilled, then it becomes the property of the one purchasing the property and after they have successfully completed the contract, they then are free to sell it to whomever they wish. But, if the contract is breached, it is then still the original owners and they can do as they wish, keep the property, sell the property or find another individual willing to enter into another land lease contract. So, while the property is tied up in a land lease contract, no one can sell or buy it until either a satisfaction or breach of the contract is committed.
If someone purchases a lot of land and is under contract to purchase that land and it is deemed bad land after signing the contract how do you discharge this contract?
You would execute the inspection contingency clause in the contract that permits you to terminate the contract and reclaim your deposit after the inspection turns up material defects that you will not accept. Additional comment: That's why it is important to consult an attorney BEFORE you sign a P & S Agreement.
What should you do if seller never recorded deed after land contract?
Generally, a land contract, or contract for deed, is an installment contract for the purchase of land. Bank financing is not involved. The seller finances the sale and retains ownership of the property until the price has been paid. The buyer makes installment payments and when the land has been paid in full the seller should record the deed. If a bank was involved in the transaction the bank would require that title be transferred to the borrower. The problem with this type of transaction is that title is not established in the buyer as it would be in a normal sale. The buyer must rely on the seller to maintain title to the property without incurring any further encumbrances and transfer it once the full purchase price has been paid. If the land has been paid in full and the seller has not recorded or will not record the deed you will need to speak with an attorney in your area about judicial remedies under your particular state laws. You will need to provide proof that the land has been paid for as agreed in your contract. You should address this situation ASAP.
What is a grant for a piece of land in exchange for a promise to use the land for a specific purpose?
contract
If you have a rent to own contract on a double wide and land and the owner dies is your contract void?
You'll have to look at the contract and see if it addresses this issue.
Who keeps legal title under a land contract until all the terms of the contract are met?
A Vendor
