Question: A potential danger involved in a contract for deed is that the vendor may rightfully sell legal title to another party during the contract period.
A potential danger involved in a contract for deed is that
the vendor may rightfully sell legal title to another party during the contract period.
the vendor's rights to encumber the property are extinguished.
the vendee may not have a right of redemption.
the vendee must make an inordinately high down payment, which can be lost.
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