Michigan Land Surveyors Is There A Minimum Interest Rate On Land Contracts For Purchasing A Business And Land Package In Michigan?
Is there a minimum interest rate on land contracts for purchasing a business and land package In Michigan? - michigan land surveyors
I was a package of a campsite of 165 acres in a land contract. I have 2 different attorneys say something else. 1 is that there is at least 2% interest and has the other is 4.25%. Is there a minimum age.
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2 comments:
Yes, you can click on the website of the IRS. It is called the applicable federal interest rate. Now you need to collect more than 3.53% of the shares in a long term loan (a loan) from the earth. 4.25% would be a great guy and are well above the minimum.
If it does not exceed a short-term loan, 2%.
Amount of interest for late payment? Nonsense.
Plz ask her to the book of the law in this context names. I say there is no
Interest will be charged.
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