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2021-11-03
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2021-04-21
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I like it very much, I think it has great fearures and it has helped me a lot... so much that I was ready to become a paid user. However, 2 of the last documents I uploaded to the system were cut-off and seriously changed (different format, things missing, etc) the uploaded document did not show as an identical version of the original document and that made me change my mind. I use it for contracts and they need to be exactly as the original document. These are legally binding documents, so because of that, I decided not to continue the service after the free trial ends.
2020-06-28
Feature Columns Deed: Optimizing Property Management
The Feature Columns Deed feature helps you manage your property records efficiently and effectively. This tool simplifies the process, ensuring all relevant information is easily accessible and well-organized.
Key Features
User-friendly interface for easy navigation
Customizable fields to match your specific needs
Secure storage options for sensitive data
Integration with existing property management systems
Regular updates to enhance functionality
Potential Use Cases and Benefits
Streamlining property documentation processes for managers
Providing tenants with clear information about their leases
Enabling quick access to property details during inspections
Facilitating easier communication between landlords and tenants
Supporting compliance with local property regulations
By implementing the Feature Columns Deed feature, you can resolve issues related to document management, improve transparency, and enhance communication with tenants. This solution not only saves you time but also reduces the risk of errors, helping you focus on what matters most.
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What are feature columns?
In simple words feature column are bridge between raw data and estimator or model. Some real-world features (such as, longitude) are numerical, but many are not.
Does a contract for deed need to be recorded?
Contracts for deed also places some risk on the seller. If the buyer defaults, the seller will have to take action and may end up taking back the land. Recording. The buyer must record the contract for deed with the county recorder where the land is located within four months after the contract is signed.
Who holds the legal title to a property during a contract for deed?
Under a Contract for Deed, the buyer makes regular payments to the seller until the amount owed is paid in full or the buyer finds another means to pay off the balance. The seller retains legal title to the property until the balance is paid; the buyer gets legal title to the property once the final payment is made.
Who pays property taxes on a contract for deed?
However, in a typical contract for deed, the buyer becomes responsible for the obligations of a mortgagor in possession, such as maintaining the property and paying property taxes and casualty insurance. In addition, unless prohibited by the contract, either party may sell his or her interest in the contract.
Can a contract for deed be broken?
A landowner may terminate a contract for deed if the buyer is in default on any of the terms of the contract. Common reasons a landowner may terminate a contract for deed include: The buyer is behind on payments. Many contracts for deed require the buyer to pay all property or real estate taxes due on the property.
What are the disadvantages of a contract for a deed?
One disadvantage of a contract for deed to the seller is that clearing the title may take time and money if the buyer defaults on the contract, according to Real Town. In addition, the seller can immediately foreclose on the property if the buyer defaults, and the buyer has no recourse against the seller.
Is a contract for deed a good idea?
A seller using a contract for deed doesn't have that option, unless you agree to include that clause in your contract. Other benefits include: no loan qualifying, low or flexible down payment, favorable interest rates and flexible terms, and a quicker settlement.
What are the disadvantages of a contract for deed?
One disadvantage of a contract for deed to the seller is that clearing the title may take time and money if the buyer defaults on the contract, according to Real Town. In addition, the seller can immediately foreclose on the property if the buyer defaults, and the buyer has no recourse against the seller.
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