Contract Financing Farm Transfers With Land Contracts
Loading...
View/Download File
Persistent link to this item
Statistics
View StatisticsJournal Title
Journal ISSN
Volume Title
Title
Contract Financing Farm Transfers With Land Contracts
Authors
Published Date
1961
Publisher
Minnesota Agricultural Experiment Station
Type
Abstract
T HE INSTALLMENT LAND CONTRACT is an agreement to
transfer ownership of land.2 In this agreement the buyer promiseS
to pay the purchase price in installments over a period of
time. The seller usually promises to transfer possession of the
land at the time the contract is made, or soon afterwards. Under
8 mortgage-financed sale, title passes from seller to buyer when
the transaction is made. Under a land contract, the seller usually
does not transfer formal title to the buyer until the last installment
has been completed or until an agreed part of the purchase
price is paid. The downpayment under a land contract is usually
smaller than is customarily required when a mortgage is used.
Keywords
Description
32 pages
Related to
Replaces
License
Collections
Series/Report Number
Funding information
Isbn identifier
Doi identifier
Previously Published Citation
Other identifiers
Suggested citation
Elefson, R. Vern; Raup, Philip M.. (1961). Contract Financing Farm Transfers With Land Contracts. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/137034.
Content distributed via the University Digital Conservancy may be subject to additional license and use restrictions applied by the depositor. By using these files, users agree to the Terms of Use. Materials in the UDC may contain content that is disturbing and/or harmful. For more information, please see our statement on harmful content in digital repositories.