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:
Statement 1 and 3.
Explanation:
Conflict of interest exist when a party has more than one interest in the interest of another party, for example when an employee has an interest or has another company doing exactly what his employer is doing and still working with this employer, here a conflict of interest exist.
An engineer may take such employment, if both parties are informed of potential conflict of interest, it shows that when such happens the decisions makers are already aware and it might not possibly affect his work, secondly when all the parties involved are informed about it ,so that when it happens it does not affect him.
<span>The Iroquois's role of nature is just plantation</span>
The general systems theory states that businesses must be willing to change and evolve Form an interactive social system with society to survive.
In sociology, a social system is a systematic network of relationships between people, groups, and institutions that together form a coherent whole. A small, stable group can develop a formal hierarchy of roles and rank.
A person may be a member of several social systems at once, including nuclear families, communities, cities, nations, college campuses, corporations, and industries. Various common characteristics, such as place, socioeconomic status, race, religion, societal role, or other distinguishing characteristics, determine how groups are organized and defined within a social system.
Sociology and public policy both require a thorough understanding of social systems. Ever since sociology first emerged, social systems have been examined.
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