Contract For Deed Template (Idaho) FREE To Download, Edit & Use

Welcome to your one-stop resource for a Contract For Deed Template (Idaho). This template is a comprehensive guide designed to facilitate your real estate transactions within Idaho. It establishes the legal agreement between a buyer and seller regarding the transition of property ownership. Define the contract terms, such as the payment plan, and customize it according to your needs.
With this easy-to-use template, you’ll be able to draft a professional contract for deed that meets Idaho’s state guidelines. Click below to download and edit this contract tailored specifically for real estate transactions in Idaho.

CONTRACT FOR DEED

This Contract for Deed (the “Agreement”) is entered into this ___ day of ___, 20___ (the “Effective Date”) by and between _______ (the “Seller”) and _______ (the “Buyer”), collectively referred to as the “Parties.”

PROPERTY

Seller is the lawful owner of the property located at _______ (the “Property”). The legal description of the Property is as follows: _______. The Property will be sold “as is” without any warranties.

PURCHASE PRICE

The total purchase price for the Property is $_______ to be paid as follows: _______.

TITLE AND DEED

Upon receipt of the full purchase price, Seller agrees to deliver to Buyer a General Warranty Deed, conveying the Property free and clear of all liens and encumbrances.

POSSESSION

Buyer will take possession of the Property upon execution of this Agreement.

DEFAULT

If the Buyer fails to comply with any term of this Agreement, the Seller may, at his option, declare the Buyer in default and demand immediate payment of the entire remaining balance.

GOVERNING LAW

This Agreement will be governed by and construed in accordance with the laws of the state of Idaho.

NOTICES

Any notice required or permitted to be given under this Agreement shall be in writing and sent to the address of the Parties as listed above.

ENTIRE AGREEMENT

This Agreement constitutes the entire agreement of the Parties and supersedes all prior discussions, negotiations, and agreement, whether oral or written. IN WITNESS WHEREOF, the Parties have executed this Contract for Deed as of the Effective Date. ______________________ ______________________ Seller’s Name & Date Buyer’s Name & Date **NOTE: This is a basic example of a contract for deed and may not include all necessary provisions. It is highly recommended to consult with an attorney before using this template.