How to Organize a Land Contract?

When an individual plans to buy, sell or lease land property, they have to prepare a contract to carry out a transaction properly. One of the forms of contracts is a vacant land agreement. This document helps the seller to retain the legal right to the estate while permitting the buyer to take possession of it for non-ownership purposes. After the contract is signed the seller provides financing for the purchase, and the buyer repays the loan in installments. Once full purchase price is paid, the seller must convey to the buyer legal title to the land.

How to Create a Vacant Land Contract?

In order to streamline the deal, you may choose an online PDF template on the Internet. A land sales agreement form has to be prepared accurately not to miss any important detail. Read instructions below to learn what data is necessary to provide:

• Enter personal details of involved parties. 
• Describe the property. 
• Indicate details about price and financing. 
• Indicate the closing date and occupancy. 
• Write about the closing procedure and costs. 
• Describe the condition of the property. 
• Provide information about the title. 
• Specify other required conditions. 
• Add the effective date. 
• Sign the document. 
• Share the file for review and the second party’s signature. 
• Send it via email, fax or sms. 
• Save your time and sign the form electronically. 
• Draw, type or capture your signature with a webcam.

You may convert PDF into other convenient formats. If necessary, print out the form and fill it out by hand. Make some copies of the paper.