credit sale agreement ownership

credit sale contracts that consolidate amounts due under other such contracts, content and rescission of (1) this section applies to a credit sale contract that provides for the consolidation of the amount payable under the contract with the net balance due to the credit provider (at the time the contract is entered into) under another credit sale contract (not being a credit sale contract in relation to which there is a mortgage) that is discharged upon the entering into of the first‑mentioned contract. credit sale” means the sale of a dwelling or residential real estate purchased for a personal, family or household purpose in which credit is extended by the seller and either the debt is payable in installments or a finance charge is made.[pl 2011, c. funds generated by each credit sale will be tracked comprehensively in the program sponsor’s accounting systems and allocated to the appropriate credit type (i.e., aquatic resource or vernal pool) and service area.