For What Purposes I Use A Vacant Land Contract?

A land sale contract is an agreement between a seller and a purchaser of a property. Such a document is needed to put on a paper all the important information regarding the deal. Basically, the lease contract stipulates that the buyer is able to take possession of the property while a seller retains lawful title to the property. The benefit of the land agreement form is the possibility for buyer to pay in installments. Once all the payments are made, purchaser becomes the owner of the property and may change its title. The lease agreement is also important, because it contains a description of the ownership being sold as well as important details related to the ownership. The accurate price and the number of installments should be necessary included.

How to complete the Vacant Land Contract

Completing the Vacant Land Contract doesn’t take much time, especially if you use a fillable template. Find online a sample, that works for you and fill it out with the required information. Here is the list of data to be mentioned in the document.

• personal details of the parties; 
• description of property; 
• details about price and financing; 
• closing date and occupancy; 
• closing procedure and costs; 
• property condition; 
• information about title; 
• other conditions and requirements; 
• effective date;

Note, that you have to sign the land purchase agreement sample to make legally binding. Easily add your signature electronically. Type, draw or upload your signature. You are also provided with ability to capture it with your webcam.