charge for late installments on a Contract for Deed I need the percentage the…

charge for late installments on a Contract for Deed
I need the percentage the Minnesota Contract for Deed Law provides for Late payments made on the agreed upon Contract.
I also need the code#’s or identifying info for that Law.
Thank You

One thought on “charge for late installments on a Contract for Deed I need the percentage the…

  1. Re: charge for late installments on a Contract for Deed
    I don’t know of any percentage. The only requirement I know of is that such a penalty be reasonable. If I were you I’d state it in terms of an amount, not a percentage. But keep it low.

    Good luck.

    This response is for general information purposes only and does not create an attorney-client relatiohsip. You are advised to consult the attorney of your choice concerning the details of your case.

    David Kelly-952-544-6356
    Kelly Law Office
    10709 Wayzata Blvd. #205
    Minnetonka, MN 55305

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