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URL:https://www.learndesk.us/class/4960291886465024/lesson/67468294398556ccbef9cf346393b528?ref=outlook-calendar
SUMMARY:Contracts: Contract for Deed
DTSTART;TZID=America/Los_Angeles:20260516T190000
DTEND;TZID=America/Los_Angeles:20260516T200000
LOCATION:https://www.learndesk.us/class/4960291886465024/lesson/67468294398556ccbef9cf346393b528?ref=outlook-calendar
DESCRIPTION: Essentials
&bull; Purchase price is paid over time in installments.&bull; Seller retains title, buyer takes possession.&bull; At the end of the period, the buyer pays the balance and gets the legal title.
Interests and rights
&bull; Seller may encumber or assign interest.&bull; Seller remains liable for the underlying mortgage.&bull; Buyer may use, possess, or profit.
&bull; Buyer must make periodic payments, maintain the property, and purchase at the end of the term.
Default and recourse
&bull; Buyer may sue for cancellation and damages or specific performance.&bull; Seller may sue for specific performance or damages or may need to foreclose.

https://www.learndesk.us/class/4960291886465024/lesson/67468294398556ccbef9cf346393b528?ref=outlook-calendar
STATUS:CONFIRMED
SEQUENCE:3
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