Contracts
In Missouri, an 'installment land contract' (contract for deed) protects the seller because:
AThe seller receives all cash at closing
BThe seller retains legal title and can potentially repossess more easily than a formal foreclosure if the buyer defaults✓ Correct
CThe seller pays no property taxes
DThe seller receives a government guarantee
Explanation
In a Missouri land contract (contract for deed), the seller retains legal title as security. If the buyer defaults, the seller may forfeit the buyer's equitable interest and repossess, which is potentially faster than formal foreclosure.
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