Land contracts. A land contract is a written agreement by which a seller, or âvendor,â promises to convey to the purchaser, or âvendee,â real estate upon the completion of certain obligations, typically on an installment payment plan.and contracts. A land contract is a written agreement by which a seller, or âvendor,â promises to convey to the purchaser, or âvendee,â real estate upon the completion of certain obligations, typically on an installment payment plan.
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A ground fault circuit interrupter, called a GFCI or GFI, is an inexpensive electrical. device that can either be installed in your electrical system or built into a power cord to. protect you from severe electrical shocks. GFCIs have played a key role in reducing. electrocutions.