real estate contract
In a rent-to-own contract, is there a limit to when a payment is late? Could it be as few as 5 days? Is there a limit to how much can be charged as a late fee? Is it customarily a % of the payment? At what point (how many days) is a buyer considered to be in default?
Are conditions for foreclosure included in a contract?
Re: real estate contract
You have to look at the language contained in the contract.