Transform your daily workflows and Merge Land Contract

Aug 6th, 2022
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How to Merge Land Contract

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welcome back to this five-part video series about how to structure and buy real estate using creative financing this is video three in the series and on this video Im going to show you everything you need to know about structuring and buying real estate using a creative financing strategy known as a land contract or contract for deed get ready to learn what it is the pros and cons and how to use it to make money in real estate coming up hey its Geryon or the nations leading expert on flipping real estate and if youre new here to make more money and less time flipping real estate so you can live your dream life subscribe to my channel click the bell I kind of get notified when new videos are released just to clarify so theres no confusion mortgage states use a land contract and trustee states use a contract for deed but its basically the same thing for ease of use on this video Im gonna just use land contract a land contract is another form of creative financing and its a type

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Unfortunately for most parties involved, no. A contract cannot survive the death of either party unless its assigned under a corporate agreement (such as stock purchase agreements)--which has its own set of issues--or if the contract is supported by consideration produced before the termination.
Most first year law students are familiar with the doctrine of merger which states that when one entity obtains both a greater and a lesser interest in land to the same piece of real property, the lesser interest merges into the greater interest and is thereby extinguished.
The merger doctrine is a common law doctrine, under which all prior agreements between a buyer and a seller merge into the delivery of the deed upon acceptance of the deed by the buyer.
Typically, the meaning of a merger of the title refers to forming two or more parcels of property under one title. Usually, the smaller parcel (s) are joined to the property title of the more extensive estate.
It is a rule of California real estate that whenever a greater estate and a lesser estate in the same parcel of real property are held by the same person, without an intermediate interest or estate, the lesser estate generally merges into the greater estate and is extinguished.
Mergers of Title Title to separately owned properties may in law merge in title and become one property for property assessment purposes when two or more abutting properties come under a single ownership.
The merger doctrine is a common law doctrine, under which all prior agreements between a buyer and a seller merge into the delivery of the deed upon acceptance of the deed by the buyer.
Successful merger: Exxon and Mobil Exxon Corp. and Mobil Corp. - the first and second largest oil producers in the United States - made headlines when they announced their merger in 1998.

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