I'm assuming that you are referring to a land contract where you sell your property to the buyer and the buyer agrees to make payments to you over a period of time under certain terms and the legal title to the property is deeded to the buyer only after the buyer has completed making the payments and the contract has been paid in full. Is this correct?
William L. Exeter
President and Chief Executive Officer
EXETER 1031 Exchange Services, LLC
A Qualified Intermediary (Accommodator) for 1031 Exchanges
EXETER Fiduciary Services, LLC
A Private Professional Fiduciary Services Company
http://www.exeter1031.comhttp://www.exeterdst.com