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A purchaser's right to acquire legal title to real property under the terms of a valid agreement is known as?
contract tittle
Does a contract for deed constitute legal or equitable title?
Equitable.Equitable.Equitable.Equitable.
What is a bond for title?
Property sales contract which is mutually binding on both parties, where the title remains with the seller until the purchase price is paid by the buyer. Contract to convey title once certain contract terms are satisfied.
How to cite a contract in a legal document?
To cite a contract in a legal document, include the parties involved, the date of the contract, the title of the contract, and where it can be found (such as a specific page or section). This citation should be placed in the text or in a footnote, following the appropriate citation style guidelines.
What does contract vendee mean?
A contract vendee is a party in a real estate transaction who has entered into a contract to purchase a property but has not yet completed the formal transfer of ownership. This individual has equitable title and rights to the property, even though the legal title remains with the vendor (the seller) until the purchase is finalized. The contract vendee is typically responsible for fulfilling the terms of the purchase agreement, including payment and other conditions, before obtaining full ownership.
C Title VII can override the employment environment and conditions detailed in a written employment contract between an employer and an employee?
Yes, Title VII of the Civil Rights Act can override an employment contract if the terms in that contract conflict with the law. The contract cannot overrule because Title VII is codified law (is that the right term?) and therefore supersedes an employment contract.
What is a contract by deed?
You may be thinking of a contract FOR deed. These should be avoided due to complexity of the law, but it is when the seller keeps title to the property until the sales price is fully paid.
Who holds the tax benefits legal title or equitable title on a real estate contract?
A contract to purchase real estate gives the buyer no rights in the property except the right to purchase it. Title remains in the property owner until transferred by a deed of conveyance.
What Under an installment contract title to the property is held by?
Under an installment contract, title to the property is typically held by the seller until the buyer fulfills all payment obligations. During the term of the contract, the buyer has equitable title, allowing them to possess and use the property, while the legal title remains with the seller. Once the buyer completes the payments, the seller transfers legal title to the buyer. This arrangement helps protect the seller's interests until the full purchase price is paid.
Does a cosigner have legal rights to a vehicle if his name is not on the title?
It depends on local/state laws and what the original contract stated.
Can a car loan title company change the terms of your contract without you signing?
Yes they can and ID11 stop u noob.
Can you repossess a car if you do not have a written contract on it but you are a lienholder and you have the title with your name listed as lienholder?
If you don't have a "contract", you aren't a leinholder. A lienholder must have a contract and have filed the notice with the county recorders office and the title must state you as the leinholder. If the person is named on a title as a lien holder he or she has the legal option of repossessing the vehicle as it is determined by the laws of the state where the vehicle is registered.
