View Changes And Revision History Of Legal Ohio Contract For Deed Forms For Free

The following should be in a contract for deed: Purchase price. Interest rate. Down payment. Number of monthly installments. Buyer and seller information. Party responsibilities. Legal remedies in the event of default.

Yes, a land contract (Ohio-based and in other states) must be recorded shortly after the agreement is executed. We detail Ohio land contract laws in the sections, below. Land contracts enable buyers who don't have the best credit an alternative option to traditional financing, such as a mortgage.

An Ohio deed is a document used to legally transfer interests in real estate in the State of Ohio. They generally require the name of the grantor (seller) and the grantee (buyer) and the amount paid for the property, in addition to a legal description of the property.

If you want to obtain a copy of the deed to your home, contact your local county recorder. In Ohio, county recorders are responsible for maintaining land records and making them accessible to the public. The Ohio Revised Code establishes fees recorders may charge for various services.

A deed is a physical, legal document that conveys the ownership rights to a real estate property. In Ohio, the deed must be signed by the seller to be valid, and should be duly stamped and attested in the presence of a notary. Title, on the other hand, is not a physical document but rather a concept.

Once a deed is recorded it cannot be changed. We recommend you consult a real estate attorney or title company to prepare a new deed. If a married couple held the property jointly as tenants by entireties and one spouse dies, it is not necessary to remove that spouse's name from the deed.