by Bloomgren Hanson Legal | Nov 22, 2011 | Contract for Deed, Real Estate, Small Business
One of the recent searches that led to the Bloomgren Hanson website asked the question, “Can I purchase a business using a contract for deed?” The searcher didn’t find their answer here (until now). The simple answer to the question is no, but that...
by Bloomgren Hanson Legal | Oct 10, 2011 | Contract for Deed, Real Estate
A contract for deed is a form of seller financing where the seller sells real property in exchange for installment payments over time. In Minnesota, contract for deed transactions are governed by a statutory framework transferring all but an equitable interest in...
by Bloomgren Hanson Legal | Apr 28, 2011 | Contract for Deed, Real Estate
Folks regularly think they want to enter into a “rent to own” agreement when what they are more appropriately looking for is a contract for deed. A rent to own agreement is basically a lease where the payments are applied to a reduction in purchase price...
by Bloomgren Hanson Legal | Feb 11, 2011 | Contract for Deed, Real Estate
In the current hey day of tightened lending standards, parties to real estate transactions are becoming increasingly clever in trying to close real estate transactions. More often I am working with sellers who are being asked to and who are also willing to back a...
