Windy City Legal Blog
Category:
commercial real estate
Seller-financed real estate transactions
Oct 12, 2014 by
In some cases, a buyer and seller of commercial real estate which seek to enter into an agreement by which the seller will provide financing to the buyer. These types of transactions often differ from those in which the buyer is financing the purchase on its own or with third party funds.
A blueprint for such a transaction is a form of contract known as Articles of Agreement for Deed. The Articles will map out the major terms of the transaction, and will need to be written out and executed b...
A blueprint for such a transaction is a form of contract known as Articles of Agreement for Deed. The Articles will map out the major terms of the transaction, and will need to be written out and executed b...