This section is from the book "The Law Of Land Contracts", by Asher L. Cornelius. Also available from Amazon: Michigan Law Of Land Contracts.
Attached to land contracts are usually forms for the registration and receipt of payments made by the vendee thereon. Such form, where the printed blank is used, is usually printed on the back of the contract and may be as follows:
Received payment of the within contract as follows:
Date | Principal Payments | Balance of Principal | Interest Payments | Paying Interest to | Signature |
Payment Due on Delivery | |||||
 
Continue to: