Special Report on
Installment Sale Agreement
Installment Sale Agreement - Trends
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Land contracts were very popular in the late 1970s and early 1980s. Back then, installment sale contracts, sometimes called contracts for deed, offered more attractive financing terms over the higher rates and rigid qualification standards of institutional lenders. Land contracts began to disappear when loan requirements softened and rates dropped below 8%. But they have not vanished all together and, in fact, tiptoed back into the market in 2006. Land contracts or contracts for deed are a security agreement between a seller, called a Vendor, and a buyer, called a Vendee. The Vendor agrees to sell a property by financing the ...
A Motor Cycle Bill of Sale can be termed as an agreement between the Two Wheeler owner and the buyer, whereby the Motor Cycle owner transfer the ownership to the buyer, with full responsibility of proving his ownership at the time of ownership transfer or sale. The Motor Cycle Bill of Sale also provides the detail of the make, mileage, manufactured year and most importantly Motor Cycle identification number. The federal law has also stipulated that such sale bill should show an Odometer Disclosure Statement for recording the exact mileage of the vehicle at the time of the sale or transfer ... Read More
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