Welcome to our page featuring a Texas contract for deed
template. This easy-to-use document is designed for those interested in a real estate contract
, more commonly known as a land contract
Our template covers all aspects of an owner financing deal, including seller financing
, and seller carryback
. It also incorporates all necessary details related to an installment sale agreement
Feel free to download this comprehensive Texas-based template, customized easily for your residential property transaction needs.
CONTRACT FOR DEED
This Contract for Deed (the “Agreement”) is made this ______ day of ________, 20______
(the “Effective Date”), by and between ____________________
(the “Seller”) and ____________________
The property being sold under this Agreement is located at ____________________
Texas, and legally described as ____________________
The total purchase price for the Property is ______ ($______)
which will be paid by the Purchaser to the Seller in the manner set forth below:
The Seller agrees to deliver possession of the Property to the Purchaser on the date of execution of this Agreement.
The Seller represents and warrants that the Property is free from all liens and encumbrances, except as otherwise provided in this Agreement.
In the event of any default by the Purchaser under this Agreement, the Seller may, at its option, declare the entire balance of the purchase price immediately due and payable.
RISK OF LOSS
The risk of loss or damage to the Property will be borne by the Purchaser from the date of execution of this Agreement.
This Agreement shall be governed by and construed in accordance with the laws of the State of Texas.
This Agreement contains the entire agreement between the parties and supersedes any prior written or oral agreements between them.
IN WITNESS WHEREOF
The parties have executed this Agreement as of the Effective Date.
NOTICE: THIS CONTRACT IS SUBJECT TO THE TEXAS PROPERTY CODE CHAPTER 5, SUBCHAPTER D. PURCHASER SHOULD CONSULT AN ATTORNEY BEFORE SIGNING THIS CONTRACT.