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! Broken Arrow Oklahoma Contract for Deed Package, also known as a land contract or installment agreement, is a legal document that outlines the terms and conditions for purchasing a property in Broken Arrow, Oklahoma. This type of arrangement provides an alternative form of financing for buyers who may not qualify for traditional mortgage loans. A Broken Arrow Oklahoma Contract for Deed Package typically includes various important elements such as the purchase price, down payment amount, interest rate, payment schedule, and any additional terms agreed upon between the buyer and the seller. It serves as a comprehensive agreement that ensures both parties are protected throughout the transaction process. There are several types of Broken Arrow Oklahoma Contract for Deed Packages available, catering to different needs and circumstances. Some common variations include: 1. Standard Broken Arrow Oklahoma Contract for Deed Package: This is the most common type, involving a straightforward agreement between the buyer and seller. It typically contains the essential elements mentioned above. 2. Assumable Broken Arrow Oklahoma Contract for Deed Package: In this type of agreement, the buyer can assume an existing contract for deed from the seller. This is advantageous for buyers who wish to avoid the process of creating a new contract. 3. Balloon Payment Broken Arrow Oklahoma Contract for Deed Package: This type of agreement involves smaller monthly payments over a set period, with a larger final payment due at the end of the term. It can be beneficial for buyers who expect a substantial sum of money to become available at a later date. 4. Lease-Purchase Broken Arrow Oklahoma Contract for Deed Package: This unique arrangement allows the buyer to rent the property for a specific period, with the option to purchase it at the end of the lease term. A portion of the rent payments may be credited towards the purchase price. When considering a Broken Arrow Oklahoma Contract for Deed Package, it is crucial for both parties to seek legal advice to ensure all terms are fair and clearly outlined. This type of agreement can provide an opportunity for buyers with limited financial means to acquire a property, while allowing sellers to sell their property without the need for traditional mortgage financing.
Broken Arrow Oklahoma Contract for Deed Package, also known as a land contract or installment agreement, is a legal document that outlines the terms and conditions for purchasing a property in Broken Arrow, Oklahoma. This type of arrangement provides an alternative form of financing for buyers who may not qualify for traditional mortgage loans. A Broken Arrow Oklahoma Contract for Deed Package typically includes various important elements such as the purchase price, down payment amount, interest rate, payment schedule, and any additional terms agreed upon between the buyer and the seller. It serves as a comprehensive agreement that ensures both parties are protected throughout the transaction process. There are several types of Broken Arrow Oklahoma Contract for Deed Packages available, catering to different needs and circumstances. Some common variations include: 1. Standard Broken Arrow Oklahoma Contract for Deed Package: This is the most common type, involving a straightforward agreement between the buyer and seller. It typically contains the essential elements mentioned above. 2. Assumable Broken Arrow Oklahoma Contract for Deed Package: In this type of agreement, the buyer can assume an existing contract for deed from the seller. This is advantageous for buyers who wish to avoid the process of creating a new contract. 3. Balloon Payment Broken Arrow Oklahoma Contract for Deed Package: This type of agreement involves smaller monthly payments over a set period, with a larger final payment due at the end of the term. It can be beneficial for buyers who expect a substantial sum of money to become available at a later date. 4. Lease-Purchase Broken Arrow Oklahoma Contract for Deed Package: This unique arrangement allows the buyer to rent the property for a specific period, with the option to purchase it at the end of the lease term. A portion of the rent payments may be credited towards the purchase price. When considering a Broken Arrow Oklahoma Contract for Deed Package, it is crucial for both parties to seek legal advice to ensure all terms are fair and clearly outlined. This type of agreement can provide an opportunity for buyers with limited financial means to acquire a property, while allowing sellers to sell their property without the need for traditional mortgage financing.
