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    Ddvvggdd's Avatar
    Ddvvggdd Posts: 2, Reputation: 1
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    #1

    Jan 26, 2012, 05:59 AM
    How do I collect on a land contract payoff?
    I have a land contract which has a payoff date. Where do I stand legally on this date if the buyer does not get his own financing from the bank to pay off the contract as agreed? Would such an action be considered a default?
    AK lawyer's Avatar
    AK lawyer Posts: 12,592, Reputation: 977
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    #2

    Jan 26, 2012, 06:07 AM
    Probably, but one would have to read the contract to be sure.

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