Sample Contract for Deed
Appendix B Sample Contract for Deed
This Agreement, made this________________day of _________________________,
between____________________________________________________________ , called Seller,
whose address is [NUMBER AND STREET] [CITY] [STATE] [ZIP] , and
____________________________ , call ed Buyer, whose address is [NUMBER AND STREET]
[CITY] [STATE] [ZIP] , concerns the real property in the City
of________________________, County of_____________________ [STATE], called Property and
[INSERT PROPERTY DESCRIPTION HERE]
1. Buyer agrees to purchase the Property for the Price of $___________________.
2. The Down Payment on the Price is $_____________________.
3. The Balance of the purchase Price is $___________________.
4. The Term of this sale is [NUMBER OF MONTHS OF CONTRACT.]
5. The Balance bears Interest from date of this Agreement on the unpaid Balance at the annual
rate of [INSERT PERCENT AMOUNT].
6. The Buyer will pay the Balance and Interest to the Seller in equal Monthly Payments of
$[USE A MORTGAGE CALCULATOR TO INSERT THE CORRECT MONTHLY
7. Monthly Payments will begin on [INSERT DATE] and continue until [INSERT DATE].
8. Legal Ownership
Buyer retains legal title of the Property for the following purposes: (a) securing paym ent of
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