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KIM [24]
3 years ago
10

Which of the following is an appropriate situation for forfeiture under a land contract in Indiana?

Social Studies
1 answer:
monitta3 years ago
7 0

Answer:

c. The buyer abandons and absconds the property.

Explanation:

According to Indiana land law, forfeiture is possible when the buyer of a property abandons and absconds the property. Other conditions where forfeiture is possible includes; a situation were the buyer has paid minimum amount on the property and insist on retaining it even though the seller is still the one paying tax, insurance and other upkeep of the property

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