Please reach the attached legal opinion.
one experpt from it
Conclusion
Given the applicable laws, it is apparent that the usury rate in Pennsylvania is not applicable to the present transaction. Therefore, the land contract can be enforced at the listed interest rate. One consideration, however, is whether the method of termination, notice of the termination, and
attempted enforcement of the contract itself are appropriate under Pennsylvania law. This is a different question and not specifically considered in this opinion.
Diment & Associates, LLC.
/s/ MORLEY C. DIMENT
Morley C. Diment, 37449
2644 South Sherwood Forest Blvd Suite 108
Baton Rouge, LA 70816 Phone: (225) 424-2588
Fax: (225) 424-2599
Email: MCD@DimentFirm.com