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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Answer:
One of the reasons that it fell was the use of violence by the
Roman elite. After the attempted (mainly agrarian) reforms of theGracchi brothers, Tiberius and Gaius in the 130s to 120s BCE,
Explanation:
Answer: The Fugitive Slave Act required all citizens to assist in the capture of escaped slaves, which the North didn't approve of, as they wanted to end slavery.
Explanation: In many history classes, you'll be taught that the North wanted to free all the slaves and <em>opposed</em> the South's cruel use of slavery, although all states similarly took advantage of those who were slaves.
If the Northern states were to <em>approve</em> of the Fugitive Slave Act, they'd want to support slavery in the South, which wouldn't connect to what you'd be taught in school.
Another word for the Enlightenment era is sometimes called The Age of Reason. <span />
Answer:
Developed economies want to outsource manufacturing another jobs to developing countries mainly due to low tax rates and cheaper labor.
Explanation:
Outsourcing has become a common practice for multinational firms and since then, it has also been a widely debated topic. Multinationals tend to outsource their manufacturing to developing economies mainly because the governments of developing economies offer them low tax rates and other deals in order to attract them into investing in their countries. Another reason is that labor is usually cheaper in developing economies, so their manufacturing costs decrease.
