Common Contracts
1 similar Sales Agreement contracts
Sales agreement sample word formatSales Agreement • May 21st, 2021
A land contract outlines an agreement for the purchase of land between a buyer and a seller. Depending on the terms between the parties, a contract will commonly include a purchase price and a closing date. If the buyer does not purchase by the closing date, any earnest money deposit may be kept by the seller. By State A land contract is a document that establishes the terms and conditions for the purchasing of vacant land for cash or trade. A land contract, similar to a standard purchase and sale agreement, details the agreement between the buyer and seller including any conditions, contingencies, and due diligence periods. Installment Land Contract An installment land contract is when a buyer makes payments after the closing to pay the sales price. Also referred to as “owner financing”, it allows a seller to act as the bank and collect principal plus interest payments from the buyer. Even though the buyer will own the property after the closing, the seller will be a lienholder with t
