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ContractsInstallment_contracts_and_land_contractsMEDIUM

A buyer under a contract for deed has enforceable rights created by the written installment agreement before the deed is delivered. What are those rights best described as?

Correct Answer

B) Contract rights under the land contract

Contract rights under the land contract is correct because the facts match the buyer's enforceable rights arising from the installment agreement even before legal title is transferred. That is the best description of the relationship, right, or legal concept tested here.

Answer Options
A
Installment contract
B
Contract rights under the land contract
C
Land contract (contract for deed)
D
Seller financing

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Related Topics & Key Terms

Key Terms:

installment_contracts_and_land_contractscontractsland_contractcontract_rights
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