What Is The Meaning Of Installment Agreement

See the Pennsylvania Department of Agriculture`s A Guide to Farmland Preservation for a description of the installment purchase of farm maintenance easements with bonds issued by the New Garden General Authority. Government agencies often combine instalment agreements with tax-free municipal bonds to fund economic development projects. More rarely, government agencies associate instalment agreements with tax-free municipal bonds for land conservation projects. (Under the specific terms of the agreement, this could indeed be the case.) In some cases, a conservation organization may prefer an installment contract to seller`s buyback financing, as individuals and institutions may be more willing and motivated to contribute to the purchase of a property than to pay off a mortgage on the same property.

Posted in Uncategorized