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Installment Contracts

City of Decatur v. Ballinger (IL)

Summary: The term “owner” applies to sellers in installment land sale contracts and they can thus be held liable for demolition costs.

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Installment Contracts

 

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Installment Contracts

 

INSTALLMENT CONTRACTS
by Amy Bullock, ATG Law Clerk...

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Insuring the Interest of an Installment Contract Purchaser

An installment contract is an alternative to traditional mortgage financing where the buyer pays the sales price to the seller in installments over time. Instead of a deed and mortgage, the buyer...

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