Legal Question in Real Estate Law in Florida
is contract for deed for commercial property still legal in florida?
Asked on 11/19/09, 10:21 pm
2 Answers from Attorneys
Alan Wagner
Wagner, McLaughlin & Whittemore P.A.
It operates as a sale and mortgage if memory serves. Florida does not do cntract for deeds..
Answered on 11/24/09, 10:33 pm
Robert Roemer
Robert Roemer
yes- the seller holds the deed (title) until the the note is paid -then you get the title -if you you need assistance e-mail me.
Answered on 11/24/09, 11:55 pm