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Make edits, fill in missing information, and update formatting in US Legal Forms—just like you would in MS Word.

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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.

We protect your documents and personal data by following strict security and privacy standards.
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How does a land contract work?Identify a land contract home.Negotiate the terms of the land-purchase agreement.Arrange an inspection.Sign the land contract.Move into the home.Record the land contract.Begin making installment payments.Pay off the loan.
A Wisconsin land contract is a legally-binding agreement in which two parties record terms for a real estate transaction involving vacant land.
The vendor has legal title to the property until the contract is paid in full and then must convey the property by deed to the purchaser. Under Wisconsin law, the seller has conveyed his ownership interest in the property and retains bare legal title as the seller's security interest in the property.
Step #1: The property owner agrees to sell and finance a property to a buyer. Step #2: The property owner works with real estate lawyers to draft a land contract. Step #3: The parties may collectively negotiate the terms and conditions of the land contract.