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Vendor Financing

Sometimes the Seller is able to provide financing to the Purchaser. While this rarely occurs in residential Real Estate, it is more common in the sale of Alberta Ranch Land, Alberta Farm land, and Alberta developmental land. These can be complex agreements that need to be drawn up by the lawyers to layout clearly the terms of financing including but not limited to the interest rate, the amortization schedule, the payment schedule, the terms for registration on title and the rights of each party in relation to early payout or faulting on a payment, etc.