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2. Equitable conversion - Wikipedia

   en.wikipedia.org/wiki/Equitable_conversion

   In most jurisdictions, the real property interest created by the contract will pass to the buyer's heirs, while the seller's personal property interest created by the contract will pass to the seller's estate. The State of New York does not recognize equitable conversion. In New York, as long as the buyer is without fault, the risk of loss ...

3. Land contract - Wikipedia

   en.wikipedia.org/wiki/Land_contract

   In contract law, a land contract, (also known as contract for deed or agreement for deed), is a contract between the buyer and seller of real property in which the seller provides the buyer financing in the purchase, and the buyer repays the resulting loan in installments. Under a land contract, the seller retains the legal title to the ...

4. Conveyancing - Wikipedia

   en.wikipedia.org/wiki/Conveyancing

   In law, conveyancing is the transfer of legal title of real property from one person to another, or the granting of an encumbrance such as a mortgage or a lien. [1] A typical conveyancing transaction has two major phases: the exchange of contracts (when equitable interests are created) and completion (also called settlement, when legal title passes and equitable rights merge with the legal title).

5. My 35-year-old son works as a contractor and is struggling to ...

   www.aol.com/finance/35-old-son-works-contractor...

   Specifically, you should enter into a contract that outlines the terms of the loan, including the amount being borrowed, the interest rate being charged (if applicable), and the time frame for ...

6. Convertible ARM loans: What they are and how they work - AOL

   www.aol.com/finance/convertible-arm-loans...

   A conversion clause allows the mortgage lender to convert an ARM to a fixed-rate loan, and the conversion clause fee is what they charge to do so. For Fannie Mae-backed loans, this is limited to ...

7. 9 Simple Steps to Land a Mortgage and Buy Your First Home

   www.aol.com/news/9-simple-steps-land-mortgage...

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