Land Contract Insert Watermark For Free

A buyer can enter into an agreement with the seller to buy a piece of property in installments. At the signing of the land contract, the buyer receives equitable title and possession of the property. The seller keeps a legal title interest in the property. The agreement sets the purchase price and monthly payments.

On the Design tab, select Watermark.In the Insert Watermark dialog, select Text and either type your own watermark text or select one, like DRAFT, from the list. Then, customize the watermark by setting the font, layout, size, colors, and orientation.Select OK.

To calculate the interest payment, multiply the amount financed by the interest rate, and divide the result by the number of installments in a year. For example, the monthly interest payment on a $200,000 land contract home with an 8% interest rate after a 10% down payment would be $1,200.

A contract is enforceable only if it is signed by all parties.If just one party signs an agreement, it is considered not legally binding. However, there were cases when courts recognized the written agreement valid even though it was signed by one party only.

Record (file) your contract for deed in the deed records of the county where the property is located. Once recorded, the contract is treated the same as warranty deed with a vendor's lien. If you get behind on payments, the seller must post, file, and serve notice of sale as a foreclosure before you can be removed.

At a minimum, a land contract should list the address of the real estate and the full legal description of the property, the purchase price, down payment amount, the monthly payment amounts and term, number of payments to be made, and any balloon payment required.

Why are Watermarks Important? Typically, watermarks are used to protect content and to claim ownership of an asset. Without watermarks, valuable digital assets can be susceptible to content theft or unauthorized use.