The 2 Disadvantages of a Contract For Deed are:
- Seller retains the right to the property.
- No professional appraisal is required, so you might pay more than the home is worth.
Disadvantages of contract for deed includes:
- <u> Seller retains rights to the property,</u> and he can cancel the contract if the buyer defaults even once on his payments.
- <u>No professional appraisal is required, so you might pay more than the home is worth. </u>There is no requirement for appraisal of the property so the buyer does not have a reliable estimate of property worth.
<h3>What is a Contract For Deed?</h3>
A contract for deed is a unique financing tool available for a buyer, typically used when purchasing property. The buyer makes monthly payments on the property and receives the title only after the full purchase price is paid. The seller retains the title of the property until then.
Whether you’re the buyer or the seller, there are both advantages and disadvantages to a contract for deed.
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Patterns of direct verbal assertiveness, linear logic, straightforwardness, and transparent messages are often generated from collectivistic cultures, in which shared assumptions are not taken for granted and where people value when others say what they mean and mean what they say.
<h3>What are collectivistic cultures?</h3>
This is the term that is used to refer to the type of cultures that would have the needs and the goals of the entire group in such a way that it is what is emphasized instead of picking the needs of the singular individuals in the group.
From the term collectivistic, we can get that it is trying to talk about the entire group of persons that are in a particular culture and not that of one person.
The culture of a people can be defined as the way of life of the entire group of people in the way that they do things.
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Answer: projection
Explanation: According to psychoanalytic theory, projection simply means subconsciously denying and attributing one's feelings, behavior or attitude to others. It is described a defense mechanism whereby an individual unknowingly attributes an unwanted characteristics in them to others.
According to the instance above, Abdul is subconsciously attributing his hostile character to his classmates.
