In selling businesses and property, buyers and sellers sometimes discuss “seller financing”. In the context of real estate, these arrangements are sometimes casually called “land contracts”. Generally ...

The Internal Revenue Service and the Treasury Department want to curb the use of some types of monetized installment sale transactions by listing them as potentially abusive tax dodges. They issued ...

Under Illinois law, if I am buying residential real estate from a seller in an installment contract, and I default in making my payments, can the seller evict me in court just like a landlord can when ...

This ruling may curtail the long-standing practice of sellers using installment contracts to profit from successive buyers without affording them the protections typically associated with mortgage ...

The SCA clarified that the NCA did not prohibit OTR fees where it reasonably formed part of the vehicle’s purchase price (constituting the principal debt). The court however laid down strict rules for ...

The IRS typically updates their list of issues that they believe are not proper. This is commonly referred to as the Dirty Dozen list. The latest Dirty Dozen list starts with Employee Retention Credit ...

Homeowners around the country are finding themselves with large amounts of equity in their homes as a result of the recent double-digit increases in real estate values, following more than a decade of ...

A new rule capping how much consumers can be charged for early termination fees and requiring clearer cancellation terms in ...