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Contract for Deed
Free contract for deed (land contract) template — seller-financed property sale where the buyer pays over time before receiving the deed.
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This free contract for deed covers 1. Purchase Price and Terms, 2. Possession, 3. Deed Transfer, 4. Default, 5. Insurance with 7 clearly marked [placeholder] fields to fill in — built for landlords, tenants, and small property owners documenting a lease or tenancy change clearly, without guessing at the right structure. Copy it into your own word processor, fill in the placeholders, and review it — or adapt it — before use. It's part of docstoc's free document template library, alongside business, legal, real estate, finance, and HR templates. Every template here is free to copy with no signup required, and each one carries a plain disclaimer: this is a starting point for informational purposes, not a substitute for advice from a licensed professional in your jurisdiction.
Contract for Deed (Land Contract)
Seller: [Name] Buyer: [Name] Property: [Address/Legal Description] Date: [Date]
1. Purchase Price and Terms
Purchase price: [Amount]. Buyer will pay: down payment of [Amount], then [Amount] per month for [Number] months at [Interest Rate]% interest.
2. Possession
Buyer takes possession on [Date] and is responsible for property taxes, insurance, and maintenance from that date forward.
3. Deed Transfer
Seller retains legal title until Buyer completes all payments. Upon full payment, Seller will deliver a [warranty] deed to Buyer.
4. Default
If Buyer defaults on payments, Seller may [describe remedy — this varies significantly by state, some require formal foreclosure-like proceedings rather than simple eviction].
5. Insurance
Buyer will maintain property insurance naming Seller as an additional insured until the deed transfers.
6. Recording
[State whether this contract will be recorded with the county, which is often advisable to protect Buyer's interest.]
Seller: ______________________ Date: ____________ Buyer: ______________________ Date: ____________
*This document is provided for informational and educational purposes only and does not constitute legal advice. Contract-for-deed default/forfeiture rules vary enormously by state, and some states now treat these more like mortgages (requiring foreclosure) than a simple contract — use a licensed real estate attorney, as buyer protections here are a genuinely contested legal area.*
Edit directly in the box above. Download PDF anytime — the docstoc.io footer is always included and cannot be removed.
What's included
- Edit online — click the document, fill in placeholders, download a PDF
- 6 standard sections: 1. Purchase Price and Terms, 2. Possession, 3. Deed Transfer, 4. Default, 5. Insurance, 6. Recording
- 7 clearly marked [placeholder] fields for quick personalizing
- Free to use — no account or signup required
- Fully editable — adjust any clause to match your actual situation
- Includes a signature block, ready to print or sign digitally
- Fixed docstoc.io footer on every PDF (not removable)
Who this template is for
Freelancers & solo founders
Handling routine business paperwork without commissioning custom legal drafting for every document.
Small businesses
Standardizing recurring documents — leases, agreements, notices — across a growing operation.
Anyone reviewing before signing
Using a clear starting structure to understand what a document should cover, even if a lawyer finalizes it.
Independent landlords
Managing a rental directly, without a property management company's paperwork.
FAQ
Is this contract for deed template really free?
Yes — this Contract for Deed template on docstoc is free to view, edit online, and download as a PDF with no account or signup required.
What does this contract for deed cover?
This real estate template includes 1. Purchase Price and Terms, 2. Possession, 3. Deed Transfer, 4. Default. Fill in the [bracketed] placeholders, edit any clause online, then download a PDF — the docstoc.io footer stays on every export.
Is this legal advice?
No. Landlord-tenant law is one of the most locally-specific areas of law in the US — notice periods, required disclosures, and even what a lease is allowed to say vary by state and often by city. Check your local requirements (or a real estate attorney) before using this for an actual lease or notice.
Can I edit the wording?
Yes — edit directly on the page, adjust any section or clause, and re-fill the 7 placeholder fields to match your situation before downloading a PDF. It's a starting structure, not a rigid script.
Where can I find more free templates like this?
Browse more free real estate and related document templates in the docstoc library at /document-templates/.
More free document templates
- Residential Lease Agreement
- Notice to Vacate / Lease Termination Letter
- Rental Application
- Deed of Trust
- Rent Receipt
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Templates are drafted for general use, not a substitute for legal advice — check the note on each page for specifics.
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