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 ______
, by and between ______
(hereinafter “Seller”) with mailing address at ______
, and ______
(hereinafter “Buyer”) with mailing address at ______
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 ______
), payable as follows:
The date of possession of the Property shall be ______
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.
Real estate taxes on the Property for the year of this Agreement’s date and subsequent years, shall be the responsibility of ______
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.
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