This package contains essential legal documents that are used for owner financing of real estate by using a Contract for Deed. The documents in this package are State Specific and include the following:
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 Kansas City Missouri Contract for Deed Package refers to a comprehensive set of legal documents and forms that outline the terms and conditions for the purchase and financing of real estate through the use of a contract for deed agreement in Kansas City, Missouri. This package includes all the necessary paperwork required to facilitate the sale of property without the need for traditional mortgage financing. The Kansas City Missouri Contract for Deed Package typically includes the following components: 1. Contract for Deed Agreement: This is the central document that outlines the terms of the agreement between the buyer (also known as the Vendée) and the seller (also known as the vendor). It specifies the purchase price, payment schedule, interest rate (if applicable), and any other pertinent details regarding the transaction. 2. Promissory Note: This document serves as evidence of the buyer's promise to repay the seller in full, typically over a specified period of time. It outlines the terms of repayment, including the principal amount, interest rate (if applicable), and payment schedule. 3. Warranty Deed or Special Warranty Deed: This document is used to transfer ownership of the property from the seller to the buyer. A warranty deed guarantees the buyer that the seller holds clear title to the property, while a special warranty deed only guarantees against title defects that arose during the seller's ownership. 4. Disclosure Statement: This document mandates the seller to disclose any known defects or issues with the property, such as structural problems, environmental hazards, or any pending lawsuits that may affect its value or desirability. 5. Affidavit of Title: This document is typically provided by the seller as proof of their legal ownership of the property, ensuring that there are no liens, encumbrances, or other claims on the property that could affect the buyer's ownership rights. 6. Purchase Agreement: In some cases, a separate purchase agreement may be included in the package. This document outlines the basic terms of the sale, such as the purchase price, earnest money deposit, inspection contingencies, and closing date. Different types of Kansas City Missouri Contract for Deed Packages may exist, depending on the specific needs and preferences of the buyer and seller. Some variations may include additional clauses or forms customized to address specific circumstances, such as seller financing or the inclusion of special provisions protecting the interests of either party. In conclusion, a Kansas City Missouri Contract for Deed Package is a comprehensive collection of legal documents used in the sale of real estate through the contract for deed method in Kansas City, Missouri. It covers all the necessary paperwork to ensure a smooth and legally binding transaction between the buyer and seller.
