Simple Land Contract Template

Why are land contracts used.

Simple land contract template.

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. 2 to use maintain and occupy the land in accordance with any and all building and use restrictions applicable thereto. In these situations the buyer and seller can skip the bank loan and enter into a land contract. Like any other basic real estate contract template a land contract will include these details.

Agreement to purchase and sale. A land contract agreement form is usually signed by a property buyer and its seller. Ready to fill out print and sign. 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.

The land contract is the document making this transaction official and legally binding. Definition of a simple land purchase agreement form. 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.

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