Its NOT required to be recorded here (unless its been changed) buttttttt as I say the Buyer would usually insist upon it or if I was advising him for sure. If repping the seller I dont want any notices or paper or recordation of any equitqable interest but the Courts have changed the commom law freedom of contract to the point where once the buyer has earned over 15% in equity the seller must foreclose just like a bank would.
I enjoy property law, its pretty well the oldest common law out there.
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Today's Featured Article - 12-Volt Conversions for 4-Cylinder Ford 2000 & 4000 Tractors - by Tommy Duvall. After two summers of having to park my old 1964 model 4000 gas 4 cyl. on a hill just in case the 6 volt system, for whatever reason, would not crank her, I decided to try the 12 volt conversion. After some research of convert or not, I decided to go ahead, the main reason being that this tractor was a working tractor, not a show tractor (yet). I did keep everything I replaced for the day I do want to restore her to showroom condition.
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