Social Studies, 11.01.2020 05:31 insomniacnana2

While a property is under a contract for deed, the seller, or vendor, mortgages her equity in the property, and has a separate judgment lien placed on the property. faced with financial loss, the vendor assigns the contract to another party, then leaves town. what can the vendee do in this case? a. comply with the contract and take legal title when its terms are fulfilled.
b. rightfully cancel the agreement and reclaim all deposits.
c. sue the creditor for removal of the judgment lien.
d. disclaim the lien and the mortgage due to homestead rights.

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While a property is under a contract for deed, the seller, or vendor, mortgages her equity in the pr...