Its NOT required to be recorded here (unless its been changed) buttttttt as I say the Buyer would usually insist upon it or if I was advising him for sure. If repping the seller I dont want any notices or paper or recordation of any equitqable interest but the Courts have changed the commom law freedom of contract to the point where once the buyer has earned over 15% in equity the seller must foreclose just like a bank would.
I enjoy property law, its pretty well the oldest common law out there.
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Today's Featured Article - Tractor Profile: Silver King - by Staff. Silver King tractors were produced by the Fate-Root-Heath Company of Plymouth, Ohio. The company was founded by John Fate in 1884 and was originally called the "J.D. Fate Company". After several mergers over the years, the final company name of Fate-Root-Heath came about in 1919. The first tractor produced was actually called the "Plymouth" tractor and was powered by a 20 HP 4-cylinder engine with a 3x4" bore and stroke. The four speed transmission had a top speed of 25 mph! After more t
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