When a Contract for Deed is given, the purchaser or vendee is considered to be the equitable owner of the property. They probably bear the risk of loss if the property is destroyed. They probably bear the burden of paying the property taxes to the local property tax assessor. And, under the contract, they probably enjoy the possession, the exclusive use of the property. So, for Federal Tax Purposes, the Contract for Deed vendee probably acquired the property way back when the initial Contract for Deed was entered into. Now, when this windfall is coming in, we are not really selling the property anymore, we are just receiving payoff like any other lender who has loaned money to a purchaser.25 Sep 2010. Some flu patients develop resistance to antiviral drug. people in Bangkok had developed resistance to the antiviral drug oseltamivir.Diabetes Mellitus (DM), commonly referred to simply as diabetes, is a chronic metabolic disorder characterized by abnormally high blood sugar levels.14 Aug 2007. Google Health, codename “Weaver”, is Google's planned health information storage program. Google's Vice President of Engineering Adam.
