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!
Deed Package Meaning: A deed package refers to a collection of legal documents necessary to complete a transfer of property or a real estate transaction. It typically includes all the essential paperwork required to establish ownership rights and convey a property's title from one party to another. The deed package acts as a complete record of the transaction, encompassing various documents, forms, and agreements that provide legal protection and clarity for all parties involved. These packages vary depending on the type and complexity of the real estate transaction. Here are a few examples of different types of deed packages: 1. Standard Deed Package: — Deed: The primary document that transfers ownership from the seller (granter) to the buyer (grantee). — Title Insurance: A policy that protects the buyer against any potential defects or claims to the property's title. — Affidavit of Title: A sworn statement by the seller, asserting their legal ownership of the property. — Real Estate Purchase Agreement: A contract outlining the terms and conditions of the property sale. — Property Tax Information: Details about the property's tax assessment and obligations. 2. Deed Package for a Mortgage Refinance: — Mortgage Deed: A document that secures the mortgage lender's interest in the property until the loan is repaid. — Promissory Note: A legally binding agreement that outlines the borrower's obligation to repay the mortgage loan. — Truth-in-Lending Disclosure: Provides information about the borrowing costs, annual percentage rate (APR), and repayment terms. — Loan Estimate: A standardized form that provides an estimate of the loan's terms and costs. 3. Deed Package for Estate Planning: — Last Will and Testament: A document that specifies how a person's property should be distributed after their death. — Living Trust: A legal entity that holds a person's assets during their lifetime and specifies the distribution of those assets upon their death. — Power of Attorney: Allows an appointed person to make legal decisions on behalf of the property owner if they become unable to do so. It is crucial to understand that the specific content and documents included in a deed package may vary based on local laws, regulations, and the particular circumstances of the real estate transaction.
