What happens to ownership of land in a land sales contract until the purchase price is paid?

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In a land sales contract, the seller retains title to the property until the purchase price is fully paid. This principle is rooted in the concept of conditional sales, where the buyer may receive possession and use of the property, but the legal ownership (or title) remains with the seller until all payment obligations are satisfied. This arrangement helps protect the seller's interest in the property and serves as a security measure against non-payment.

While the buyer may have equitable rights and the ability to possess and utilize the property, the seller holds the legal title, creating a clear distinction in ownership rights. As such, if the buyer fails to complete the payment, the seller has the right to reclaim the property without needing to go through a formal eviction process.

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