Contract for Deed Sample Clauses

A Contract for Deed is a legal agreement in which the seller finances the purchase of real estate for the buyer, allowing the buyer to take possession and make payments over time while the seller retains the legal title until the full purchase price is paid. Typically, the buyer makes regular installment payments directly to the seller, and only upon completion of all payments does the title officially transfer to the buyer. This arrangement is often used when traditional mortgage financing is unavailable, providing a pathway to homeownership while protecting the seller’s interest in the property until payment is complete.
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Contract for Deed. The Contract for Deed is in full force and neither Seller nor, to the best knowledge of Seller, any other party to the Contract for Deed is in default under such contract.
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Contract for Deed. The 40’ X 80’ portion of the Subject Property shall be conveyed upon the completion of the payment plan as outlined: 1. Down payment: Within 30 days after the approval and full execution of this Agreement, the Developer shall pay the City, five-thousand dollars ($5,000.00) as a down-payment for the purchase amount of $45,000.00. 2. Thereafter, the Developer shall pay a monthly amount of $3,000 per month until the remaining balance of the purchase amount offset by the cost of walkway is paid in full 3. The Developer shall provide to the City, a copy of an invoice for the cost of the construction of the walkway upon completion and said amount shall credited towards the purchase price.
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Contract for Deed. Seller shall promptly provide Buyer with a copy of any notice of default received by Seller under that certain Contract for Deed dated January 23, 1984 with respect to the Real Property.
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Contract for Deed. That certain Contract For Deed pertaining to the Property, entered into by Seller, as seller, and The ▇▇▇▇▇▇ Group, LLC and Lake ▇▇▇▇▇, LLC, as purchaser, dated July 10, 2013, recorded July 24, 2013, in the Office of the County Recorder for St. Louis County, Minnesota as Document No. 01219128.
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Contract for Deed. Purchaser shall purchase, and Seller shall sell, ----------------- the Property pursuant to a contract for deed (the "Contract for Deed"). Seller and Purchaser shall execute and deliver counterparts of the Contract for Deed on the Closing Date. The Deed shall not be delivered to Purchaser on the Closing Date. Seller shall deposit the Deed in escrow with the Title Company to hold in trust for Seller pending full payment and performance by Purchaser under the Contract for Deed. Upon such full payment and performance, Seller shall authorize and instruct the Title Company to deliver the Deed to Purchaser.
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Contract for Deed. If the “Other” box is marked with the Letter D, the Seller shall prepare the necessary documents, at Buyer’s cost and expense, for this transaction and the Parties must agree on the form of same on or before the Finance Contingency Deadline. Contract for Deed Addendum K is attached. For Termination Procedure, see Paragraph 35.
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Related to Contract for Deed

  • Copies of Contract Documents to Contractor Without charge to the Contractor the Design Professional shall furnish to the Contractor up to five sets of completed Contract Documents in hardcopy, one set of reproducible and electronic background floor and reflected ceiling plan drawings and, if requested, one copy in read-only electronic format. The Contractor may obtain such additional sets of Contract Documents, as the Contractor deems necessary and shall pay the cost of reproduction of such additional sets to the Design Professional.

  • Contract Formation Subject to FAR Sections 1.601(a) and 43.102, the Government Order must be signed by a duly warranted contracting officer, in writing. The same requirement applies to contract modifications affecting the rights of the parties. All terms and conditions intended to bind the Government must be included within the contract signed by the Government.

  • Contract Document This Contract is composed of Sections 1 through 9, Exhibits A through F, Attachments 1 through and any exhibits referenced in said attachments, and any documents incorporated by reference, which contain all the terms and conditions agreed upon by the parties. 1.4.1. The definitions found in the Standard Contract Definitions, located at: ▇▇▇▇://▇▇▇.▇▇▇.▇▇▇▇▇.▇▇.▇▇/admin/contracts/docs/GlossaryofContractTerms.pdf are incorporated into and made a part of this Contract. Additional definitions may be set forth in Exhibit A, Special Provisions. 1.4.2. The PUR 1000 Form (10/06 version) is hereby incorporated into and made a part of this Contract. Sections 1.d., 2-4, 6, 8- 13, 23, 27 and 31 of the PUR 1000 Form are not applicable to this Contract. In the event of any conflict between the PUR 1000 Form and any other terms or conditions of this Contract, such other terms or conditions shall take precedence over the PUR 1000 Form. 1.4.3. The terms of Exhibit A, Special Provisions, supplement or modify the terms of Sections 1 through 9, as provided therein. 1.4.4. In the event of a conflict between the provisions of the documents, the documents shall be interpreted in the following order of precedence: 1.4.4.1. Exhibits A through F; 1.4.4.2. Any documents incorporated into any exhibit by reference; 1.4.4.3. This Standard Integrated Contract; 1.4.4.4. Any documents incorporated into this Contract by reference; 1.4.4.5. Attachments 1 through .

  • REVIEW OF CONTRACT DOCUMENTS 4.2.1 The Contractor shall carefully study and compare the Contract Documents and shall immediately report in writing to the Architect and the State any error, inconsistency or omission he may discover. The Contractor shall not be liable to the State or the Architect for any damage resulting from any such errors, inconsistencies or omissions in the Contract Documents. The

  • THE CONTRACT DOCUMENTS The Contract Documents consist of the State-Contractor Agreement, the Conditions of the Contract (General, Supplementary and other Conditions), the Drawings, the Specifications, and all Addenda issued prior to bid opening and any Change Orders after execution of the Contract.