A land contract provides a rent-to-own structure which enables someone to purchase real estate with little to no cash down payment. Called contracts for deed or land installment contracts in some states, land contracts require the buyer to make monthly payments towards purchase of the real estate to the seller. Part of each month’s payments
Ohio Bill Would Create Credit Protection Type Laws for Land Contracts
June 10, 2019 by Elizabeth Whitman
Filed Under: Home Buying, Mortgage, Residential Tagged With: contract for deed, Land contract, land installment contract, land sale contract, lease to own, Ohio House Bill 103, rent to own, rent-to-buy