Welcome to our
Contract For Deed Template (Louisiana) page. This ready-to-use template is a comprehensive
real estate purchase contract, providing an easy solution for seller financing or
owner financing. It bridges the gap between buyer and seller, presenting a clear
installment sale agreement. Whether you’re setting up a
land contract, lease purchase agreement, or any other type of deed in Louisiana, this editable template can be customized to your needs. Feel free to download and edit according to your agreement stipulations.
CONTRACT FOR DEED
THIS AGREEMENT, made this
____ day of _____, 20____, by and between
__________________, hereinafter “Seller”, and
__________________, hereinafter “Buyer”, WITNESSETH:
In consideration of the mutual covenants herein contained and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows:
1. PROPERTY
Seller sells and conveys to Buyer the following property, located in the State of Louisiana, more particularly described as
__________________, and commonly known as
__________________ .
2. PURCHASE PRICE
The Purchase price for the Property is
______ Dollars ($______).
3. PAYMENT TERMS
Buyer will pay the Purchase Price to Seller by making monthly payments of
$______ for
______ months, commencing
______, 20______, and continuing on the same day of each subsequent month until fully paid.
4. POSSESSION AND OWNERSHIP OF THE PROPERTY
Possession of the Property shall be given to Buyer on
______, 20______.
5. TAXES AND ASSESSMENTS
All taxes and assessments levied against the Property which are not yet due and payable shall be prorated as of the date of this Contract.
6. INSURANCE
Buyer will keep the Property insured against loss for the benefit of Seller until the Purchase Price is fully paid.
7. DEFAULT
In the event Buyer defaults under the terms of this Contract, Seller may, at Seller’s option, declare the entire unpaid balance immediately due and payable.
8. GOVERNING LAW
This Contract shall be governed by and construed in accordance with the laws of the State of Louisiana.
9. BINDING EFFECT
This Contract is binding upon and inures to the benefit of the parties and their respective heirs, executors, administrators, successors and assigns.
10. ENTIRE AGREEMENT
This Contract constitutes the entire agreement between the parties and supersedes all prior oral or written agreements.
IN WITNESS WHEREOF, the parties have executed this Agreement the day and year first above written.
__________________________ __________________________
Seller Signature Buyer Signature
__________________________ __________________________
Seller Printed Name Buyer Printed Name
__________________________ __________________________
Date Date
