What partial payment documents do I need for a side by side sale in Manassas, Virginia?
For a partial payment side by side transaction in Manassas, you need: Document the deposit amount, total price, payment schedule, and due dates in writing; Issue a signed receipt for each payment received; Specify in writing when title will transfer (upon final payment); Include default terms: what happens if the buyer misses a payment; Retain the title until all payments are complete.