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Contract for Deed (England and Wales)

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This Contract for Deed is also known as a Land Contract, Agreement for Deed, Contract Sale or Real Estate Instalment Agreement. This contract allows the seller to retain title to the property until the buyer has made all payments under this contract agreement. In effect, the seller finances the purchase and holds the title or deed to the property as security. The buyer who makes instalment payments is entitled to possession and equitable title to the property while the seller holds legal title and is liable for any payments under any mortgages. A Contract for Deed is useful in situations where a buyer cannot obtain other financing and usually closing costs are lower than those involving banks or mortgage companies. The seller can also choose between differing payment methods (i.e., with or without interest or balloon payment). It is important that a Contract for Deed be memorialized in writing and that both buyer and seller understand the terms and conditions of the contract.

This Contract for Deed for use in England and Wales contains the following provisions:
  • Parties: Sets forth the names of the seller and buyer involved in this transaction;
  • Property: Sets out the location and legal description of the property;
  • Included Property: Identifies what is included with the property (buildings and improvements, right-of-way, fixtures, appliances, etc.);
  • Excluded Property: Identifies items which are specifically excluded in this sale;
  • Price and Payment: Sets out the purchase price of the property and when and how payments will be made;
  • Security: Sets forth that the contract will act as security for the performance and payment obligations by the buyer;
  • AS-IS Condition of Property: Buyer will accept the property AS-IS without any type of warranty;
  • Deed and Evidence of Title: Seller will deliver a statutory or general warranty deed after buyer fulfils the obligations under this contract;
  • Risk of Loss and Insurance: The buyer agrees to keep the property insured against loss by negligence, fire or other type of casualty;
  • Prepayment: The buyer may prepay the entire balance without incurring any prepayment penalties;
  • Possession of Property: Buyer shall have possession of the property as long as all terms of the contract are complied with;
  • Mortgage by Seller: Seller may place a mortgage on the property which becomes a lien superior to the rights of the buyer;
  • Assignment or Sale by Buyer: Buyer will not assign or convey any interest in this property without prior written consent of the seller.
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This lawyer-prepared package includes:
  1. Instructions and Checklist
  2. General Information
  3. Contract for Deed for England and Wales
Law Compliance: This form complies with the laws of England and Wales

 

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Product Specifications

Product Contract for Deed (England and Wales)
Country United Kingdom
Pages 15
Dimensions Designed for Letter Size (8.5" x 11")
Printer compatibility Designed to print on all ink-jet and laser printers
Editable Yes (.doc, .wpd and .rtf)
Format Microsoft Word
Adobe PDF
WordPerfect
Rich Text Format
Platform Windows Compatible
Mac Compatible
Linux Compatible
Availability In Stock. Instant Download
Usage Unlimited number of prints
Category Contract for Deed
Product number #43402
Download time Less than 1 minute (approx.)
Document Access Via secret online address
Email with download links
Email with attachment upon request
Refund Policy 60 days, no-questions asked, 100% money back guarantee
Support Customer support 020 8144 1524
Online support
Additional Help
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Also known as Real Estate Installment Agreement, Contract Sale, Land Contract, Agreement for Deed, Contract Deed, Deed Contract

Our Promise to You:

We provide accurate, legal and secure forms. All of our forms are prepared by lawyers, can be downloaded and accessed immediately, and are backed by a 100% money back guarantee – if you are dissatisfied, in any way, you get your money back.

 

Price: 

£8.95 GBP

ADD TO CART

Save £640.00 GBP compared
to using a lawyer*

 

Customer Reviews

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Reviews: 12

Pickerington,

OH

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The document was perfect for what I needed. The internet site was easy to navigate and the explanation of the document was easy to understand. Thank you for making this much easier to deal with!



Columbia,

MO

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Just exactly what I needed - had to do very little editing. Your website is very user friendly and the choice of downloads fantastic. I will not hesitate to use you again, as well as recommend you.



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CA

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Bethel Island,

CA

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Purchased a real estate form for California. It was easy to use and covered the transaction I needed . I was very satisfied with the document.



Papillion,

NE

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Very easy



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