Difference between revisions of "Agreements of Sale in Pennsylvania"
From WFG Wiki
(→Underwriting) |
|||
| Line 3: | Line 3: | ||
=Underwriting= | =Underwriting= | ||
| − | + | *Recorded contracts or installment contracts represent vested interests in land and are sufficient to impart notice on purchasers and lienholders. Caution should be used if relying on the terms of the contract to find it has terminated. The best practice is to obtain, and record, a written termination from the vendee in the contract. | |
=Agreements for Deed= | =Agreements for Deed= | ||
Latest revision as of 09:20, 16 April 2024
Contents
Overview
Underwriting
- Recorded contracts or installment contracts represent vested interests in land and are sufficient to impart notice on purchasers and lienholders. Caution should be used if relying on the terms of the contract to find it has terminated. The best practice is to obtain, and record, a written termination from the vendee in the contract.
