In an installment land contract (contract for deed), the buyer takes possession and pays the price over time. Who holds legal title until the buyer completes the payments, and what interest does the buyer hold meanwhile?

📚 Real Estate Principles (National/General)

Questions are based on the public PSI and Pearson VUE national content outlines plus standard real-estate principles (agency, contracts, property ownership, valuation, financing, disclosures, calculations). This covers the NATIONAL portion only — your state also has a separate STATE-law portion. The real exam is given in English; some states separately offer a Spanish-language administration.

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