This package contains the following forms:
1.) A Contract for Deed;
2.) Assignment of Contract for Deed by Seller;
3.) Notice of Assignment of Contract for Deed;
4.) Seller's Disclosure of Financing Terms;
5.) Seller's Annual Accounting;
6.) Notice of Default for Past Due Payments;
7.) Final Notice of Default for Past Due Payments;
8.) Notice of Intent to Enforce Forfeiture Proceedings;
9.) Final Notice of Intent to Enforce Forfeiture Proceeding and Request to Vacate;
10.) General Notice of Default; and
11.) Seller's Disclosure of Forfeiture Rights
Purchase this package and save up to 70% over purchasing the forms separately!
A deed package is a comprehensive set of legal documents that pertains to the ownership and transfer of property. It is a vital part of any real estate transaction, as it ensures that the property ownership is properly transferred from the seller to the buyer. A deed package typically contains various documents, each serving a specific purpose in the property transfer process. One of the most crucial documents included in a deed package is the deed itself. The deed is a legal instrument that formally transfers the ownership of the property from the seller (granter) to the buyer (grantee). It contains a detailed description of the property, including its boundaries, and is signed and notarized by both parties involved. Different types of deeds can be included in a deed package, such as general warranty deeds, special warranty deeds, and quitclaim deeds, each providing different levels of protection to the buyer. Another important document found in a deed package is the title report or abstract. This document provides a detailed history of the property's ownership and any legal matters that may affect it, such as liens, encumbrances, or easements. The title report is crucial as it ensures that the property being sold is free from any undisclosed claims or disputes, giving the buyer peace of mind. Additionally, a deed package may include a survey or plat map of the property. This document accurately depicts the boundaries, dimensions, and physical features of the property. It helps prevent any future boundary disputes and ensures that the buyer is aware of the exact location and size of the property they are purchasing. Other documents that can be included in a deed package are the purchase agreement, disclosure statements, and any applicable addendums or amendments. These documents outline the terms and conditions of the sale, including the purchase price, financing arrangements, contingencies, and any relevant disclosures about the property's condition or history. In summary, a deed package encompasses a collection of legal documents necessary for the transfer of property ownership. These documents include the deed itself, various types of deeds, title reports, surveys, and other agreements. By utilizing a comprehensive deed package, both the buyer and seller can ensure a smooth and legally sound property transaction.
