Contracts
In Colorado, a contract for deed (land installment contract) is different from a traditional sale because:
AA. The buyer receives a deed immediately upon signing
BB. The seller retains legal title until the buyer completes all installment payments, then delivers the deed✓ Correct
CC. No down payment is required
DD. The buyer has no right to occupy the property until fully paid
Explanation
In a contract for deed (installment land contract), the seller retains legal title while the buyer takes equitable title and possession. The deed is not delivered until the buyer pays off the purchase price.
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