Welcome to our page featuring a comprehensive Contract For Deed Template (Wyoming). This is your go-to resource for creating a legally binding agreement focused on real estate transactions and property transfer in the state of Wyoming. This template serves as a handy tool for seller financing arrangements. Ensure all the necessary elements are included in your legal document with our easy-to-edit and download deed template. Please note, this contract is specific to the laws and regulations of Wyoming’s real estate market.
**CONTRACT FOR DEED**
THIS AGREEMENT made this ___ day of ___, 20___, by and between ________________________, hereinafter referred to as “SELLER”, whose address is ________________________, and _______________________, hereinafter referred to as “BUYER”, whose address is ________________________.
**1. DESCRIPTION OF PREMISES:** The SELLER agrees to sell and the BUYER agrees to buy the following described real estate in Wyoming, together with all improvements located thereupon, hereinafter referred to as the “Property”:
Legal Description: ________________________________________________________________
Street Address: ________________________________________________________________
**2. PURCHASE PRICE:** The total purchase price to be paid by BUYER to SELLER for the Property is _________ dollars ($_______).
**3. PAYMENT TERMS:** The BUYER shall pay to the SELLER the purchase price in the manner following:
Down Payment: _________ dollars ($_______), to be paid at the execution of this Agreement.
Monthly Installments: _________ dollars ($_______), to be paid on the first day of each calendar month, commencing on _________, 20___.
**4. INTEREST:** The unpaid balance of the purchase price shall bear interest at the rate of ____% per annum.
**5. TAXES AND ASSESSMENTS:** All taxes, assessments, and other charges against the Property shall be paid by the SELLER until the delivery of the deed, after which such taxes, assessments, and charges shall be the responsibility of BUYER.
**6. INSURANCE:** The BUYER agrees to keep the buildings now or hereafter on the Property insured against loss.
**7. DEFAULT:** Upon failure to make the payments, or any part thereof, as herein provided, the SELLER may, at SELLER’s option, declare the entire balance due and payable.
**8. POSSESSION AND MAINTENANCE OF PROPERTY:** The BUYER shall maintain the Property in a good state of repair and shall not commit any waste thereon.
**9. BINDING EFFECT:** This Agreement shall bind and inure to the benefit of the parties, their respective heirs, executors, administrators, successors and assigns.
**10. GOVERNING LAW:** This Agreement shall be governed by and construed in accordance with the laws of the State of Wyoming.
IN WITNESS WHEREOF, the parties hereto have executed this Contract for Deed on the date first above written.
SELLER (Print Name)
BUYER (Print Name)
STATE OF WYOMING, COUNTY OF ______
This instrument was acknowledged before me on this _____ day of ________, 20____ by _________________ and _________________.
My Commission Expires: ____________