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In Ohio, a land contract (contract for deed) is:

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Question & Answer

Review the question and all answer choices

A

Prohibited

B

A form of seller financing where buyer gets equitable title

Correct Answer
C

The same as a mortgage

D

Only for commercial properties

Why is this correct?

A land contract in Ohio is a form of seller financing where the buyer receives equitable title and possession while the seller retains legal title until full payment.

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