![]() ![]() The property sold under this contract is located at, , in and is legally described ![]() ![]() These documents can be made suitable for all 50 states. Our Contract for Deed contracts are suitable for most types of property including residential, commercial property, land and farmland. In some states, a seller who repossesses a property must reimburse the buyer for the fair value of improvements to the house, as well as a reasonable amount for rent. If the buyer defaults on the payments, the seller can repossess the property. The seller retains legal title to the property until the balance is paid the buyer gets legal title to the property once the final payment is made. Under a Contract for Deed, the buyer makes regular payments to the seller until the amount owed is paid in full or the buyer finds another means to pay off the balance. A Contract for Deed is an agreement between a buyer and seller in which the seller acts as the financier. If you are looking to buy or sell a property without using traditional financing, a Contract for Deed may work well for you. ![]()
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