Final answer:
The title to the property under a contract for deed is held by the vendor until the vendee pays the full purchase price, typically in installments. The vendee has equitable title to use and occupy the property during the contract term.
Step-by-step explanation:
Under a contract for deed, the title to the property is held by the A. vendor. In a contract for deed, also known as land contract, installment sale agreement, or contract for sale, the vendor (seller) retains legal title to the property until the vendee (buyer) pays the full purchase price, typically in installments. During the contract term, the vendee holds an equitable title which allows them to use and occupy the property. However, legal ownership, which includes the title to the property, remains with the vendor until the conditions outlined in the contract are fulfilled.