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A buyer of an installment contract buys the property on a seven-year contract. At the end of the second year, the buyer of the installment

A buyer of an installment contract buys the property on a seven-year contract. At the end of the second year, the buyer of the installment decides to sell the property to someone else. Can the buyer legally do this?

The buyer can sell the property because he has legal title.

The buyer can sell the property at any time he wishes.

The buyer can sell his interest in the property to another buyer, but must pay-off the principal balance of the loan at the closing.

The buyer cannot get out of his installment contract.

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