Q: What happens if my Land Contract sellers get divorced?
I'm buying a property on Land Contract and the deed is in both the husband and wife's names. If they get divorced, will that have any impact on our agreement?
A: One or the other of them might end up as the sole owner after the divorce. So that might change who you make payments to, but your payments won't change because of the divorce, and the land contract remains in effect according to its written terms. Note that the land contract should have been recorded in the county real estate records to protect your interest. Use the Find a Lawyer tab to check with a local real estate attorney.
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