Welcome to the
Contract for Deed template page specifically designed for
Oregon. This easy-to-use template streamlines your real estate agreement by providing a structured format for documenting property transactions. Ideal for an
installment sale,
seller financing, or a simple land contract, this template acts as a legal document, ensuring both parties’ interests in the property are upheld.
Feel free to download and edit this contract as it caters to your specific needs. Planning property dealings has never been easier with our comprehensive and state-specific contract for deed templates.
Let’s step into making your property transaction smoother and safer.
CONTRACT FOR DEED
THIS CONTRACT FOR DEED (the “Agreement”) made this
______ day of
______, 20
______, by and between
______ (hereinafter “Seller”) with mailing address at
______, and
______ (hereinafter “Buyer”) with mailing address at
______.
1. PROPERTY
Seller sells and conveys to Buyer the property located at
______, Oregon, legally described as follows (the “Property”):
______
2. PURCHASE PRICE
The purchase price shall be
______ dollars ($
______), payable as follows:
______
3. POSSESSION
The date of possession of the Property shall be
______.
4. DEED
Upon full payment of the purchase price and compliance with the terms of this Agreement, Seller will convey the Property to Buyer by a good and sufficient warranty deed.
5. TAXES
Real estate taxes on the Property for the year of this Agreement’s date and subsequent years, shall be the responsibility of
______.
6. INSURANCE
The Property shall be insured against loss by fire and other hazards included in a standard extended coverage insurance policy until the purchase price is fully paid. The policy shall be in the amount of the full insurable value of the buildings on the Property, if any.
7. DEFAULT
In case of failure by the Buyer to make any of the payments or perform any of the covenants on its part to be made or performed under this Agreement, the Seller may terminate this Agreement upon providing written notice to the Buyer.
8. GOVERNING LAW
This Agreement shall be governed by and construed in accordance with the laws of the State of Oregon.
9. ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the parties and supersedes any prior understandings, agreements, or representations by or between the parties, written or oral, to the extent they related in any way to the subject matter hereof.
IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written.
______________________________ ______________________________
Seller’s Signature Buyer’s Signature
______________________________ ______________________________
Printed Name of Seller Printed Name of Buyer
______________________________ ______________________________
Date Date
