ContractsMEDIUM
Contract for deed in Minnesota:
Correct Answer
B) Is regulated with specific cancellation procedures
Minnesota contracts for deed are regulated with specific statutory procedures for cancellation.
Answer Options
A
Is prohibitedB
Is regulated with specific cancellation proceduresC
Has no regulationsD
Requires immediate title transferVideo Explanation3 min
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Related Topics & Key Terms
Related Topics:
alternative-financing-methodsreal-estate-contract-typesminnesota-real-estate-lawseller-financing
Key Terms:
contract for deedMinnesota Statutes § 559.21cancellation procedureredemption periodseller financing
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