Get high quality printable simple land contract form.
Simple land contract template.
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.
Ready to fill out print and sign.
The land contract is the document making this transaction official and legally binding.
Agreement to purchase and sale.
Why are land contracts used.
2 to use maintain and occupy the land in accordance with any and all building and use restrictions applicable thereto.
It is a voluntary agreement between the two or more parties which have reached a consensus to go forward and close the deal agreeing to the final price and other terms and conditions which have been a load out of post discussion.
Definition of a simple land purchase agreement form.
A land contract agreement form is usually signed by a property buyer and its seller.
1 to purchase the land and pay seller the sum aforesaid with interest thereon as above provided.
3 to keep the land in accordance with all police sanitary or other regulations imposed by any governmental authority.
In these situations the buyer and seller can skip the bank loan and enter into a land contract.
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.