About this document

Realty Installment Buyer Act Summary by jackie delos santos is a document available to read on EtoBox.

This act provides protection to buyers of real estate purchased through installment payments. It establishes rights for buyers who default on payments after making installment payments for at least two years. These rights include (1) paying unpaid installments within a grace period equal to one month for every year of payments made, (2) receiving a 50-80% cash refund of total payments made if the contract is cancelled, depending on years of payments. It also provides buyers rights to sell their contract or

Author

jackie delos santos

Language

EN