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can the two work together?

2006-09-14 14:05:33 · 1 answers · asked by singapores 3 in Business & Finance Renting & Real Estate

1 answers

Need more information.

If you are paying on a land contract, you own the land but the seller has a "deed of trust" on the land. It is like holding a mortgage. If you quitclaim your interest in the land, the seller may have a right to foreclose or force the new owner to pay in full. You will need to read the fine print of the contract to know for sure.

2006-09-16 18:26:09 · answer #1 · answered by Diane D 5 · 0 0

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