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Agreements Property

In the event of bankruptcy, some regions interpret it as a binding contract that can be rejected, while others treat it as a debt that must be paid by the bankruptcy trust. This, along with a large number of other legal ambiguities, has led to a tendency to eliminate the use of land contracts to eliminate the incentives and, consequently, the disadvantages that these contracts present compared to standard notes and mortgages defined and regulated more clearly by law. [2] Wholesale of immovable property: a wholesaler plays an essential role in the search for off-market real estate and in the award of the contract of sale to an end buyer, for example. B a recruiter. Prehabbing of a property: Prehabbing is a kind of exit strategy by which an investor makes minimal improvements to a property, just enough to make it attractive to another end buyer, such as a recruiter. For example, the contract may say that the property is sold as it is, especially if demolition is planned. There may be insurance or a guarantee (guarantee) as to the condition of the house, building or part of it, such as fixed appliances, HLK system, etc. .