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!
The San Diego California Contract for Deed Package is an essential legal document package used in real estate transactions in San Diego, California. This comprehensive package outlines the terms and conditions of a contract for deed, also known as a land contract or installment sale agreement, which allows a buyer to purchase a property from a seller through monthly installments, without obtaining traditional financing through a mortgage lender. The San Diego California Contract for Deed Package typically includes various forms and documents that facilitate the transaction process. These documents often include: 1. Contract for Deed Agreement: This is the central document that outlines the key terms and conditions of the agreement between the buyer and the seller. It specifies the purchase price, payment schedule, interest rate, and other important details. 2. Promissory Note: This document serves as evidence of the buyer's promise to repay the seller. It defines the loan amount, interest rate, and repayment terms. 3. Deed: A warranty or special warranty deed is often included in the package, which transfers the legal ownership of the property from the seller to the buyer upon fulfillment of the contract's terms. 4. Disclosure Forms: These documents comprise various mandatory disclosures required by California law, such as earthquake and hazardous materials disclosures, which inform the buyer about potential risks associated with the property. 5. Closing Statement: This statement provides a detailed breakdown of the financial aspects involved in the transaction, including the total purchase amount, down payment, loan amount, and closing costs. It is important to note that variations of the San Diego California Contract for Deed Package may exist, tailored to specific needs or circumstances. Some commonly encountered variants include: 1. Commercial Contract for Deed Package: This is designed for commercial real estate transactions in San Diego, involving properties such as office buildings, retail spaces, or industrial facilities. 2. Residential Contract for Deed Package: This package is specifically formulated for residential real estate transactions, including single-family homes, condominiums, townhouses, or multi-unit residential buildings in San Diego. 3. Investment Property Contract for Deed Package: Investors looking to purchase rental properties or engage in real estate investments in San Diego might utilize this package, which may have additional clauses addressing rental income, property management, and other relevant considerations. In conclusion, the San Diego California Contract for Deed Package is a comprehensive collection of legal documents that facilitate real estate transactions through installment payments, allowing buyers to acquire properties without traditional mortgage financing. Different types of contract for deed packages cater to various scenarios, such as commercial, residential, or investment property transactions.
