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Contract For Deed
This contract is a binding agreement between {Seller}, hereafter known as "Seller," and {Buyer}, hereafter known as "Buyer." With the execution of this agreement, Buyer agrees to purchase {property} from Seller at a cash price of {price}. It is agreed that the title will be provided to Buyer free of any encumbrances, and that Buyer shall have possession of property starting on {date}.
Payment will be furnished as follows: {explain how payment will be provided, including any deposits}. Seller will deliver a deed once payment has been received.
The condition of the property, having been examined on {date} has been found acceptable and will be considered satisfactory if delivered in its current condition. All liability for the property will be undertaken by Seller until the date of deliver, and all liability will be undertaken by Buyer after the date of delivery.
Taxes will be arranged as follows: {explain who will pay what taxes and when (typically Buyer)}.
If any of the arrangements above should be left incomplete, this contract is void.
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(Buyer)
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(Signature)
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(Date) |
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Create your own printable contract — FREE!
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Index of Printable Contract Examples
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