Contracts for Deed definition

Contracts for Deed means the contracts for deed relating to ten (10) parcels of real estate entered into by Seller and Purchaser as of the date hereof in connection with the execution of the Business Transfer Agreement.
View Source

Examples of Contracts for Deed in a sentence

  • How to Hold Title, Equity Sharing and Joint Ownership; Financing, Contracts for Deed, RESPA, Title Insurance, Tax Deductions and 1031 Exchanges; 4.

  • How to Hold Title, Equity Sharing and Joint Ownership; ▇▇▇▇▇ Contracts for Deed, RESPA, Title Insurance, Tax Deductions and 1031 Exchanges; 4.

  • Thereafter, shall be deducted pro-rata from any amounts owed to Seller under the Contracts for Deed.

  • On November 15, 2005 and December 20, 2006, the Corporation entered into a total of three Contracts for Deed with Cliffs Erie LLC, a subsidiary of Cliffs Natural Resources Inc.

  • Seller and Buyer agree that Buyer is purchasing the Contracts for Deed and Notes subject to all past due and current real property taxes, on the Lots as determined by Buyer in its title search.

  • Seller and Buyer agree that Buyer shall perform a title search prior to the Closing Date, at Buyer s expense, to verify that the Seller has marketable title to the Contracts for Deed and the Mortgages, and that each Mortgage is a first Mortgage on the Lots, subject only to past due real estate taxes, and real estate taxes for the current year, and any other encumbrances as set forth in Exhibit "L".

  • No foreclosure actions have been commenced with respect to the Contracts for Deed, the Notes and Mortgages.