Buyer's Request for Accounting from Seller under Contract for Deed - Pennsylvania 2025

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In real estate, a subject to transaction refers to a type of purchase in which the buyer agrees to take over the payments on an existing mortgage, rather than obtaining a new mortgage themselves.
D) The buyer. The answer is the buyer. In an installment contract, the buyer acquires equitable title and thus is obligated to pay real estate taxes, insurance premiums, and repairs and upkeep on the property.
Under an installment contract, the buyer gets possession of the property and makes installment payments of the purchase price over an extended period of time to the seller, who conveys legal title to property once the purchase price is fully paid.
A land contract is typically between two parties: the buyer sometimes referred to as the vendee and the seller, also known as the vendor. In a land contract, the seller agrees to finance the property for the buyer in exchange for the buyer meeting the terms agreed upon in the land contract.
The answer is the vendee. Under a land contract, the buyer is called the vendee. A buyer and a seller sign a contract for the sale of real property.
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