Simple Land Contract Template

Like any other basic real estate contract template a land contract will include these details.

Simple land contract template.

In these situations the buyer and seller can skip the bank loan and enter into a land contract. Agreement to purchase and sale. 1 to purchase the land and pay seller the sum aforesaid with interest thereon as above provided. A simple land purchase agreement form is a legally binding document between the buyer and the owner of the original land the seller can provide the installment period to the buyer through the bank or can offer his terms by providing financing to the buyer.

One of the primary reasons why a land contract may be used to facilitate a real estate transaction is because the buyer may want to purchase a property but be unable to obtain a bank loan. Editable sample blank word template. Definition of a simple land purchase agreement form. A land contract might also be known as a contract agreement for deed a land installment contract see land installment contract form or installment sale agreement.

Ready to fill out print and sign. The land contract is the document making this transaction official and legally binding. 3 to keep the land in accordance with all police sanitary or other regulations imposed by any governmental authority. 2 to use maintain and occupy the land in accordance with any and all building and use restrictions applicable thereto.

Get high quality printable simple land contract form.