When it comes to buying or selling real property, installment contracts can be a great option for both parties involved. In an installment contract, the buyer agrees to make monthly payments to the seller over a certain period of time, while the seller retains legal title to the property until the full payment is made. However, it is important to understand who retains legal title in an installment contract to avoid any confusion or disputes.

In an installment contract, legal title of the property remains with the seller until the buyer has made all payments as specified in the contract. This means that if the buyer defaults on any payments, the seller can retain legal possession of the property until the full payment is made. The buyer, on the other hand, holds equitable title to the property, which means they have the right to use and occupy the property as if they were the legal owner.

It is important to note that even though the seller retains legal title to the property, they are still responsible for paying property taxes, mortgages, and other liens on the property until the buyer completes all payments. Once the buyer has made all the payments, the seller will transfer legal title to the buyer, and the buyer will become the legal owner of the property.

Additionally, it is important to have a clear and detailed installment contract that outlines all terms and conditions of the sale, including the purchase price, payment schedule, and consequences for default. The contract should also outline the rights and obligations of both parties, including what happens in the event of a default.

In conclusion, an installment contract can be a great option for buying or selling real property. However, it is crucial to understand who retains legal title of the property in an installment contract. The seller retains legal title until the buyer completes all payments, while the buyer holds equitable title to the property. To avoid any confusion or disputes, it is important to have a detailed contract that outlines all terms and conditions of the sale.

Capital Power Announces a Long-Term Renewable Power Purchase Agreement with Dow

Capital Power, a Canadian power company, recently announced a long-term agreement with Dow, a global leader in materials science. The agreement will see Capital Power supply Dow with 55 MW of renewable energy for a duration of 15 years. The move underscores Capital Power`s commitment to using renewable energy sources to power its operations and reduce greenhouse gas emissions.

This agreement comes after Capital Power`s recent purchase of the 97 MW Buckthorn Wind project in Texas, which is expected to begin commercial operation in the fourth quarter of 2018. The wind farm will generate around 350,000 MWh of renewable electricity per year, enough to power over 29,000 homes.

Similarly, Dow is recognized as a company that is committed to sustainability and environmental responsibility. The company has set a target to reduce its annual carbon footprint by 5 million metric tons by the year 2020. This agreement with Capital Power will help achieve that goal and support Dow’s vision of creating a better future for the planet.

The energy supplied to Dow will come from Capital Power`s Bloom Wind project, located in Kansas. The Bloom Wind project features 250 MW of renewable energy capacity and started commercial operations in December 2017. The project comprises of 100 wind turbines, each producing 2.5 MW, and has the potential to power over 68,000 homes annually.

This agreement with Dow is another step forward in Capital Power`s long-term strategy of increasing its renewable energy portfolio. The company is committed to achieving a 50% reduction in greenhouse gas emissions by the year 2030. The Bloom Wind project and the Buckthorn Wind project will contribute significantly to this goal.

In conclusion, this agreement between Capital Power and Dow is a significant milestone for both companies` efforts to promote sustainable development. By adopting renewable energy sources, companies can reduce their carbon footprint and promote a cleaner and greener future. This partnership not only benefits the two companies but also the environment and the society as a whole.

The Idlib Agreement Map: Understanding the De-Escalation Zone in Syria

The Idlib Agreement Map is a crucial tool for understanding the complex situation in Syria, particularly in the northwestern province of Idlib. The agreement, signed on September 17, 2018, between Turkey and Russia, established a de-escalation zone in Idlib, aimed at reducing the violence in the region and protecting the nearly three million civilians who call it home.

The map shows the boundaries of the de-escalation zone, which covers most of Idlib province and parts of neighboring Aleppo, Hama, and Latakia provinces. The zone is divided into three parts: a buffer zone along the frontlines between Syrian government forces and rebel groups, a “demilitarized” zone along the border with Turkey, and a corridor for humanitarian aid.

The buffer zone is a 15-20 km wide strip of land that separates Syrian government forces from rebel groups, including the extremist group Hayat Tahrir al-Sham (HTS), formerly known as al-Qaeda in Syria. HTS controls much of Idlib province and has been designated a terrorist organization by several countries, including the United States.

The demilitarized zone is a 6 km wide strip of land along the border with Turkey that is free of heavy weapons, tanks, and missiles. This zone is patrolled by Turkish and Russian forces, who are responsible for ensuring that both sides adhere to the agreement.

The humanitarian corridor is a route that allows aid workers to deliver much-needed food, medicine, and supplies to the people of Idlib. The corridor runs from Aleppo province to Hama province, passing through the de-escalation zone.

While the Idlib Agreement Map may seem like a straightforward solution to the conflict in Syria, it has faced several challenges since its implementation. HTS has continued to carry out attacks on Syrian government forces, and the Syrian government has accused Turkey of not doing enough to separate moderate rebel groups from extremist ones.

Moreover, the COVID-19 pandemic has added another layer of complexity to the situation in Idlib, as the province has limited medical facilities and resources to respond to the crisis.

Despite these challenges, the Idlib Agreement Map remains an important step towards de-escalating the violence in Syria and protecting civilians in the country`s last major rebel-held enclave. It serves as a testament to the power of diplomacy and cooperation between regional powers in resolving conflicts and promoting peace.