All properties offered are either owned by us, under contract and
selling equitable interest, or offered in conjunction with a business associate.
Now, if I write in my «Name and / or Assigns» in the Buyer field, I can then go
sell my equitable interest, i.e. the right to purchase the property under the terms of the contract, to someone else.
Not exact matches
The
equitable lien secures the sum for which the property was
sold rather than capturing any
interest in the property.
In every step I must fully disclose what I am buying and
selling, i.e. in this case an
equitable interest (the right to acquire title upon specific performance under the terms of contract).