Welcome! You’re viewing a
Contract For Deed Template tailored for the state of
Florida. This is a legal document designed to assist buyers and sellers in crafting an agreement for a real estate property purchase with seller financing, also known as an installment sale.
This template comprehensively covers all elements of the transaction, ensuring buyer’s rights and obligations are clearly laid out.
Feel free to download, tailor and use this contract for deed template to your specific needs – navigating Florida’s real estate market just got easier!
FLORIDA CONTRACT FOR DEED
THIS AGREEMENT, made this
______ day of
______, 20
______, by and between
______ hereinafter referred to as SELLER and
______ hereinafter referred to as BUYER.
1. SALE OF PROPERTY:
The SELLER agrees to sell and the BUYER agrees to buy the property located at
______, Florida. Legal description of property:
______.
2. PURCHASE PRICE:
The total purchase price is
______ dollars ($
______). The BUYER will pay the SELLER the purchase price in the manner prescribed below:
______
3. INTEREST:
Interest shall accrue on the unpaid balance at the rate of
______ percent per annum.
4. PAYMENTS:
Payments shall be made to the SELLER at
______ or other such places the SELLER may designate in writing.
5. DEFAULT:
In the event BUYER fails to comply with any of the terms of this contract, the SELLER may, at his sole discretion, declare this contract null and void by giving written notice to the BUYER.
6. LEGAL DESCRIPTION:
The legal description of the property is as follows:
______
7. POSSESSION:
The SELLER will deliver possession of the property to the BUYER upon execution of this contract.
8. TAXES AND INSURANCE:
The BUYER will be responsible for all property taxes and homeowner insurance.
9. TITLE:
The SELLER will provide a good and marketable title to the property.
10. FLORIDA LAW:
This contract shall be governed by Florida law.
11. ENTIRE AGREEMENT:
This contract contains the entire agreement between the SELLER and the BUYER and cannot be changed except by written agreement.
IN WITNESS WHEREOF, the SELLER and the BUYER have executed this contract the day and year first above written.
______ (Seller’s Signature)
______ (Seller’s Printed Name)
______ (Buyer’s Signature)
______ (Buyer’s Printed Name)