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__________ Purchaser Date Purchaser Date _______________________ _______________________ _______________________ ________________________ Agent Date Agent Date\n\n________________ _______________________ _______________________ ________________________ Seller Date Seller Date _______________________ _______________________ _______________________ ______________. Certification of Accuracy The following parties have reviewed the information above and certify, to the best of their knowledge, that the information they have provided is true and accurate. _______ paint hazards. Agent\'s Acknowledgment (initial) (e)------ Agent has informed the Seller of the Seller\'s obligations under 42 U.S.C. 4852d and is aware of his/her responsibility to ensure compliancethe presence of lead-based paint and/or lead-based paint hazards; or (ii) _____ waived the opportunity to conduct a risk assessment or inspection for the presence of lead-based paint and/or lead-basedour Family From Lead In Your Home. (e) Purchaser has (check (i) or (ii) below): (i) _____ received a 10-day opportunity (or mutually agreed upon period) to conduct a risk assessment or inspection for sed paint hazards in the housing. Purchaser\'s Acknowledgment (initial) (c) _____ Purchaser has received copies of all information listed above. (d) _____ Purchaser has received the pamphlet Protect Y and/or lead-based paint hazards in the housing (list documents): ______________________________________________ (ii)____ Seller has no reports or records pertaining to lead-based paint and/or lead-bain the housing. (b) Records and reports available to the Seller (Check (i) or (ii) below): (i) _____ Seller has provided the Buyer with all available records and reports pertaining to lead-based paint/or lead-based paint hazards are present in the housing (explain): ______________________________________________ (ii) ____ Seller has no knowledge of lead-based paint and/or lead-based paint hazards ed paint hazards is recommended prior to purchase. Seller\'s Disclosure (a) Presence of lead-based paint and/or lead-based paint hazards (Check (i) or (ii) below): (i) _____ Known lead-based paint andd-based paint hazards from risk assessments or inspections in the seller\'s possession and notify the Buyer of any known lead-based paint hazards. A risk assessment or inspection for possible lead-basand impaired memory. Lead poisoning also poses a particular risk to pregnant women. The seller of any interest in residential real property is required to provide the Buyer with any information on lea at risk of developing lead poisoning. Lead poisoning in young children may produce permanent neurological damage, including learning disabilities, reduced intelligence quotient, behavioral problems, est in residential real property on which a residential dwelling was built prior to 1978 is notified that such property may present exposure to lead from lead-based paint that may place young childrenInitials Seller _________________\n\n- 14 -\n\nBuyer _________________\n\nDisclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards\nLead Warning Statement Every Buyer of any inter_______________ ____________________________ ____________________________\n\nInitials Seller _________________\n\n- 13 -\n\nBuyer _________________\n\nEXHIBIT \"A\"\nLegal Description of Property:\n\n_____________________________________ (SEAL) Name typed, printed, or stamped\n\n________________________________________________ My Commission Expires\n\nThis instrument was prepared by: _____________NESS my hand and official seal, this ___________ day of ___________, 20___.\n\n________________________________________________ Signature of person taking acknowledgment (Notary Public)\n\n___________o be the person(s) described in and who executed the foregoing instrument, and acknowledged to and before me that _____________________ executed said instrument for the purposes therein expressed. WIT -\n\nBuyer _________________\n\nState of __________________________) ) ss County of ________________________)\n\nBefore me personally appeared _____________________ to me well known and known to me t__________________________________________ (SEAL) Name typed, printed, or stamped\n\n________________________________________________ My Commission Expires\n\nInitials Seller _________________\n\n- 12. WITNESS my hand and official seal, this ___________ day of ___________, 20___.\n\n________________________________________________ Signature of person taking acknowledgment (Notary Public)\n\n______ me to be the person(s) described in and who executed the foregoing instrument, and acknowledged to and before me that _____________________ executed said instrument for the purposes therein expressedn- 11 -\n\nBuyer _________________\n\nState of __________________________) ) ss County of ________________________)\n\nBefore me personally appeared _____________________ to me well known and known to____________ Date ______________________________ Address: ___________________________ City _______________________________ State and Zip _______________________\n\nInitials Seller _________________\n\________________________ Address: ___________________________ City _______________________________ State and Zip _______________________\n\nSignature __________________________ Buyer _________________ Address: ___________________________ City _______________________________ State and Zip _______________________\n\nSignature __________________________ Buyer _____________________________ Date _________________ City _______________________________ State and Zip _______________________\n\nSignature __________________________ Seller __ ___________________________ Date ______________________________ their hands and seals the day and year first above written.\n\nSignature __________________________ Seller __ ___________________________ Date ______________________________ Address: ________________G CONTRACT. CONSULT AN ATTORNEY AND A TAX PROFESSIONAL BEFORE SIGNING IT, TO MAKE SURE YOU UNDERSTAND ALL OF THE TERMS AND LEGAL AND TAX CONSEQUENCES. IN WITNESS WHEREOF, the Parties have hereunto set_____ _____________________________________________________________________________\n\nInitials Seller _________________\n\n- 10 -\n\nBuyer _________________\n\nTHIS IS INTENDED TO BE A LEGALLY BINDIN_________________________________________________ _____________________________________________________________________________ ________________________________________________________________________ht, and then only to the extent set forth in such instrument. ADDITIONAL AGREEMENTS Seller and Buyer additionally agree that: _____________________________________________ ____________________________ified, amended, discharged, or terminated except by an instrument in writing signed by the party against which the enforcement of such waiver, modification, amendment, discharge or termination is sougction contemplated herein.. It replaces and supersedes any and all oral agreements between the parties, as well as any prior writings. Neither this Contract nor any provision hereof may be waived, modd herein or attached hereto as Addenda shall control all printed provisions in conflict therewith. ENTIRE AGREEMENT This Contract is the entire agreement between the parties with respect to the transae singular shall include the plural, the male gender shall include the female gender and the neuter, and vice versa. TYPEWRITTEN OR HANDWRITTEN PROVISIONS Typewritten or handwritten provisions insertexecuted in several counterparts, each constituting a duplicate original, but all such counterparts constituting one and the same Agreement. INTERPRETATION Whenever the context hereof shall require, th nothing shall authorize a transfer in violation of any other provisions in the Agreement.\n\nInitials Seller _________________\n\n-9-\n\nBuyer _________________\n\nCOUNTERPARTS This Contract may be et and covenants herein shall be binding upon and shall inure to the benefit of the parties hereto and their successors, heirs, executors, administrators, personal representatives and assigns. However,y fails to exercise or delays exercising any of its rights or remedies under this contract, that party retains the right to enforce that term or provision at a later time. BINDING EFFECT This AgreemenIf one party waives any term or provision of this contract at any time, that waiver will only be effective for the specific instance and specific purpose for which the waiver was given. If either partnot make any other provision of this contract invalid or unenforceable and such provision shall be modified, amended or limited only to the extent necessary to render it valid and enforceable. WAIVER arty may be entitled. SEVERABILITY If any court determines that any provision of this contract is invalid or unenforceable, any invalidity or unenforceability will affect only that provision and will hall be entitled to recover reasonable attorney\'s fees and court costs, and all other expenses, whether or not taxable by the court as costs, in addition to any other relief to which the prevailing ping lawyers\' fees, will be allocated by the arbitrator. ATTORNEY FEES AND COSTS In connection with any litigation including appellate proceedings arising out of this Agreement, the prevailing party sated by ______________________. an arbitrator to be mutually selected. Judgment on the arbitration award may be entered in any court that has jurisdiction over the matter. Costs of arbitration, includrly with the mediator and will attempt to reach a mutually satisfactory compromise to the dispute. If the dispute is not resolved within 30 days after it is referred to the mediator, it will be arbitro settle it through mediation conducted by ______________________. a mediator to be mutually selected. The parties will share the costs of the mediator equally. Each party will cooperate fully and fait resolved within 30 days after it is referred to the mediator, either party may take the matter to court. Mediation and Possible Arbitration. If a dispute arises, the parties will try in good faith t share the costs of the mediator equally. Each party will cooperate fully and fairly with the mediator and will attempt to reach a mutually satisfactory compromise to the dispute. If the dispute is nod faith to settle it through mediation conducted by ______________________. a mediator to be mutually selected.\nInitials Seller _________________\n\n-8-\n\nBuyer _________________\n\nThe parties willDISPUTES (select appropriate provisions) Litigation. If a dispute arises, either party may take the matter to court. Mediation and Possible Litigation. If a dispute arises, the parties will try in goonder. GOVERNING LAW This Contract, and all transactions contemplated hereby, shall be governed by, construed and enforced in accordance with the laws of the State of ________________________________. similar proceedings affecting the Property or any portion thereof, nor has Seller knowledge that any such action is presently contemplated which might or does affect the conveyance contemplated hereu so admits or requires. PENDING LITIGATION Seller warrants and represents that there are no legal actions, suits or other legal or administrative proceedings, including cases, pending or threatened orND GENDER The words \"Seller\" and \"Buyer\" herein employed shall be construed to include the plural as well as the singular, and the masculine shall include the feminine and neuter where the context\"Buyers\" whenever the sense of the Contract requires. Unless identified as Seller or Buyer, no real estate professional, escrow agent or closing agent is a party to this Contract. SINGULAR, PLURAL Ais Contract and shall be subject to the terms of this Contract. PARTIES If Seller or Buyer constitutes two or more persons, the terms \"Seller\" or \"Buyer\" shall be construed to read \"Sellers\" or is Agreement, without the prior written consent by Seller. In the event Seller gives Buyer permission to transfer or convey Buyer\'s interest, such conveyance shall not be a cause for rescission of th_________ City _______________________________ State and Zip _______________________\n\nASSIGNEMENT OR SALE BY BUYER Buyer shall not sell, assign, transfer or convey any interest in the Property or th________________________ Address: ___________________________ City _______________________________ State and Zip _______________________ Buyer _____________________________ Address: ________________________________________ City _______________________________ State and Zip _______________________\n\nInitials Seller _________________\n\n-7-\n\nBuyer _________________\n\nand if to Buyer: Buyer _____Seller _____________________________ Address: ___________________________ City _______________________________ State and Zip _______________________ Seller _____________________________ Address: _____ows a party\'s signature or to a new address that a party designates in writing. A notice may be delivered: (1) in person; (2) by certified mail; or (3) by overnight courier as follows: If to Seller: ever occurred. NOTICES Any notice to be given or to be served upon any party hereto, in connection with this Contract, must be in writing, A notice may be delivered to a party at the address that folld bank check, or valid cashier\'s check\n\n(d)\n\nIn the event of any reinstatement, this Security Instrument and any obligations secured hereby shall remain fully effective as if no acceleration had ting Seller\'s interest in the property, including, but not limited to, reasonable attorneys\' fees. pay any reinstatement amounts and expenses by: cash, valid money order, valid certified check, valithat time under this Contract as if no acceleration had occurred; cures any default or other covenant or agreement; and reimburses all expenses incurred by Seller in enforcing this Contract and proteclerated hereunder, Buyer shall have the right to reinstate this Contract as allowed by the laws of the State of _________________________, provided that Buyer: (a) (b) (c) pays Seller all sums due at venant and agree to joint and several liability and obligations with respect to this Contract. REINSTATEMENT AFTER ACCELERATION If Buyer defaults under the terms of this Contract and payments are acce Such conveyance shall not be a cause for rescission of this Contract and shall be subject to the terms of this Contract JOINT AND SEVERAL LIABILITY If there is more than one Buyer, then all Buyers combursed be receiving credit to this Contract to apply to any payments that are due or will become due. CONVEYANCE BY SELLER The Seller reserves the right to convey, Seller\'s interest in the Property.r\'s demand. If Seller defaults on any such mortgage or land contract, Buyer shall have the right to make any necessary payments or take any necessary actions to cure the default and Buyer will be rei obligations under the mortgage and to make all payments of principal and interest on the mortgage as they become due. Seller further agrees to produce evidence of any such payments to Buyer upon Buyeunder this Contract.\nInitials Seller _________________\n\n-6-\n\nBuyer _________________\n\nIf Seller\'s interest in the Property is at any time encumbered by a mortgage, Seller agrees to perform allrights of the Buyer, or may continue and renew any existing mortgage on the Property, as long as the total amount due on all outstanding mortgages is not, at any time, greater than the unpaid balance _____________________________________. MORTGAGE BY SELLER During the lifetime of this Contract, Seller may place a mortgage on the Property, which shall become a lien on the Property, superior to the ay record a Notice of Termination of said Contract if the Buyer defaults in the performance of the Buyer\'s obligations and responsibilities under this Contract under the laws of the State of ________ow exists, ordinary wear and tear excepted. Seller reserves the right to inspect the property at any time by giving Buyer reasonable notice. RECORDING While this Contract may be recorded, the Seller mated and Buyer is required to return the Property to Seller as may be required by the terms of this Contract, Buyer agrees to return the property to Seller in substantially the same condition, as it ndvance money in that behalf, which sums advanced or costs of repairs shall be the obligation of the Buyer and shall be secured by this Contract. RETURN OF PROPERTY In the event this Contract is termin's title. In case of the refusal, neglect or inability of the Buyer to repair and maintain said Property, the Seller may, at the Seller\'s option, make such repairs or cause the same to be made, and antain the Property at all times in a state of good repair and condition, and will not do or permit to be done anything to the Property that will in any way impair or weaken the security of the Seller\ reasonable attorney\'s fees, shall be paid by the Buyer, and all such sums are hereby secured by this agreement. MAINTENANCE OF PROPERTY The Buyer will not permit, commit or suffer waste and will maie principal balance and any unpaid interest according to the laws of the State of ________________________________________ All costs and expenses of collection, by foreclosure, or otherwise, including without further notice, the entire principal balance and any unpaid interest shall be due and payable immediately, and Seller may take any appropriate action against Buyer for collection of the entirdefault or performance (\"Notice of Failure to Cure\") and informing the Buyer that if the default continues for an additional fifteen (15) days after service of the \"Notice of Failure to Cure\" that shall also be entitled to recover such other damages as they may be due which are caused by the acts or negligence of Buyer.\n\n(b) Give the Buyer a written notice specifying the failure to cure the of default which is not cured by Buyer and termination of this Contract, and if Buyer fails to vacate the Property, Seller shall have the right to obtain possession by appropriate court action. Sellerany action in trespass, or otherwise, and to seek such self-help remedies or other remedies as shall place the Seller in exclusive possession of the premises. Buyer expressly agrees that in the event the Seller in full satisfaction and liquidation of all damages sustained by the Seller. Seller shall have the right to reenter and to take immediate possession of the Property without being liable in made by him to date on this agreement (including taxes and assessments ) and said amount (paid to Seller)\nInitials Seller _________________\n\n-5-\n\nBuyer _________________\n\nshall be retained by of Failure to Cure\" that without further notice, this Contract shall be cancelled and terminated and Seller may regain possession of the Property as provided herein. Buyer shall forfeit all paymentsg the failure to cure the default or performance (\"Notice of Failure to Cure\") and informing the Buyer that if the default continues for an additional fifteen (15) days after service of the \"Notice the default or failure of performance is not cured within the 14 day time period, then Seller shall have, at Seller\'s option, any of the following remedies: (a) Give Buyer a written notice specifyineller shall give Buyer a notice of default or performance (\"Notice). The Notice shall state that Buyer is allowed fourteen (14) days from the date of the Notice to cure the default or performance. If from the Seller. DEFAULT BY BUYER If Buyer fails to make any payment due under this Contract or fails to perform any covenant, term or condition required by this Contract on or before the due date, Sract or to perform any of the covenants hereby made and entered into, the Buyer shall have the option to collect damages at law or to demand specific performance, costs and reasonable attorney\'s feesand provisions of this Contract. The time of each payment shall also be an essential part of this contract. DEFAULT BY SELLER In case of the failure of the Seller to comply with the terms of this Cont as long as all payments due under this agreement are made in a timely manner and all other terms and covenants are complied with. TIME OF THE ESSENCE Time is of the essence with respect to the terms deliver a warranty deed or equivalent deed. POSSESSION OF PROPERTY Upon execution of this Contract Buyer shall take possessions of the Property and shall enjoy peaceful possession of the Property forentire balance outstanding at any time without penalty and without notice. Such prepayment shall not include unearned interest. Upon full prepayment, the Seller shall have twenty (20) days in which toency having the power of eminent domain whereby the Buyer voluntarily conveys to such agency, authority, or corporation in order to avoid condemnation proceedings. PREPAYMENT The Buyer may prepay the e award and the outstanding obligations of the Buyer. d. The provisions of this Paragraph shall apply also to any settlement or agreement reached between the Buyer and any corporation, authority or agrest, the contract shall nevertheless be terminated as previously provided in this paragraph, but the Seller shall be authorized to sue for a money judgment for any deficiency between the amount of thy herein included which was not taken by eminent domain. In the event the amount of the award is insufficient to satisfy the outstanding obligations of the Buyer to the Seller, excluding unearned inteard shall be paid to the Buyer. The contract will thus be consummated and the Seller will convey to the Buyer any of the\nInitials Seller _________________\n\n-4-\n\nBuyer _________________\n\npropertn the award shall be paid to the Seller to the extent that is necessary to pay out the contract, such sum including accrued interest to date, but excluding unearned interest, and the balance of the awpairs or alterations as may have been necessitated by the condemnation. c. If the amount taken is more than seventy-five (75%) percent of the total value of the property at the time of the taking, therd is turned over to the Seller for reduction of the debt. In determining the value of the uncondemned portion of the property, the value shall be the fair market value after the completion of such reaking. However, such sums as are necessary for the useful alteration or restoration of the uncondemned portion of the property shall be applied for such purpose before the remaining portion of the awaaining outstanding indebtedness under the contract, the balance of the award shall be paid to the Buyer, and the contract as thus accelerated as to the final payment shall continue unaffected by the to much of the award shall be paid to the Seller as to reduce the outstanding indebtedness of the Buyer under the contract to a point where the value of the property not taken is equal to twice the remhe Buyer and the contract shall continue unaffected by the taking, but, (2) if the value of the property remaining is less than twice the amount of the Buyer\'s indebtedness under the contract, then stotal value at the time of the taking, (1) if the value of the property remaining is equal to twice the amount of the Buyer\'s indebtedness under the contract, then the entire award shall be paid to ter and the contract shall continue unaffected by the taking. b. If the amount taken is more than fifty (50%) percent of the total value of the property but less than seventy-five (75%) percent of the hts and obligations shall be as follows: a. If the amount taken is less than fifty (50%) percent of the total value of the property at the time of the taking, the entire award shall be paid to the Buy the costs of repair or reconstruction shall be paid by the Buyer. EMINENT DOMAIN In the event that any or all of the property is taken by eminent domain during the existence of this Contract, the rigconstruction. Any surplus of insurance proceeds over and above the costs of repair or reconstruction shall be delivered to the Buyer, and any deficiency remaining after application of such proceeds tolty. If requested by the Buyer, the Seller will, after approval of the Buyer\'s building plans, turn over the insurance proceeds to an insurance trustee for the purpose of paying for the repairs or re plans to the Seller for approval, which approval shall be granted if the value of the land after the repair or reconstruction will equal or exceed the value of the land immediately prior to the casuarance proceeds shall be applied by the Seller to the costs of such repair or reconstruction, the Buyer shall\nInitials Seller _________________\n\n-3-\n\nBuyer _________________\n\nsubmit the buildingnue to make regular payments pursuant to the terms of the contract until the Buyer\'s obligations are satisfied and the contract consummated. (2) If the Buyer elects to repair or reconstruct, the insuult of the application of the insurance process pursuant to an election not to repair or reconstruct after casualty, the proceeds shall be credited to the account of the Buyer and the Buyer will contict is paid out as a result of the application of the insurance proceeds, the Seller shall deliver a deed to the Buyer and consummate the transaction. In the event the contract is not paid out as a resce proceeds shall be applied towards the application of such sum, any surplus of the insurance proceeds over and above the Buyer\'s obligations shall be paid to the Buyer. In the event that the contran the unpaid balance of the purchase price, together with accrued interest to date, but excluding unearned interest, shall at the option of the Seller become due and payable forthwith, and the insurant of the total value of the improvements, the Buyer shall have the option as to whether to repair or reconstruct following such casualty loss. (1) If the Buyer elects not to repair or reconstruct, thestruction, and the Buyer being liable for any deficiency after application of the insurance money to such costs. b. If the damage to the Property and/ or building(s) is in excess of fifty (50%) percen proceeds to the Buyer or apply the proceeds directly to the costs of such repair or reconstruction, the Buyer being entitled to any surplus insurance funds over and above the costs of repair or recon is less than fifty (50%) percent of the total value of the improvements, the Buyer shall be obligated to repair or reconstruct, as the case may be, and the Seller shall either turn over the insuranceds shall be payable to the Seller. In the event of a loss by fire or other casualty, the rights and obligations of the parties shall be as follows: a. If the damage to the Property and/ or building(s) least content, liability, fire, casualty, hazard, and windstorm, insurance, with an insurance company satisfactory to the Seller for a sum not less than its full insurable value. All insurance proceeid land apportioned as of the date of this Contract. RISK OF LOSS AND INSURANCE Risk of loss by negligence, fire or other casualty is on the Buyer. The Buyer agrees to keep the Property insured, by atte taxes for the year in which the deed is delivered, and thereafter. TAXES AND ASSESSMENTS The Buyer agrees to pay all taxes, assessments, or impositions that may be legally levied or imposed upon sa record not coupled with a possibility of reverter, right of reentry or other reverter right which amounts to a qualification of the fee, and subject also to applicable zoning ordinances and real estaLE Title shall be conveyed free and clear of all encumbrances except those mortgages or liens, if any, mentioned herein, easements, restrictions, limitations, reservations, covenants and conditions of the Property to Buyer, free and clear of any liens or encumbrances other than taxes and assessments for the current year.\n\nInitials Seller _________________\n\n-2-\n\nBuyer _________________\n\nTITND EVIDENCE OF TITLE Upon payment of the total purchase price and other amounts, including any late charge, by Buyer, Seller will, at Seller\'s expense, deliver a Statutory or General Warranty Deed toke any representations or warranties of any kind as to the condition of the Property, buildings, improvements or fixtures located thereon, and/or the location of the boundaries of the Property. DEED A be removed from the Property. AS-IS CONDITION OF PROPERTY Buyer accepts the Property \"as-is\" without any type of warranty thereon. Buyer further understands that Seller has not made and does not mated to, buildings, fixtures, trees or other improvements now on the Property, or hereafter made or placed thereon, shall also be part of the security for the performance of this contract and shall nots Contract shall stand as security for the performance of Buyer and as security of the payment of the obligation of Buyer under this Contract. All improvements on the Property, including, but not limiipal and interest shall be paid. Any interest that may be charged, shall be computed monthly and deducted from the payment and the balance of the payment shall be applied to the principal SECURITY Thi______) beginning on the ________ day of _____________________, 20 ___, and continuing on the ______ day of each and every month thereafter, until the ___ day of _____, 20___, when all remaining princ________________ Dollars ($_____________) with interest on the whole sum at the rate of _________ ( ____%) percent per annum, payable in monthly installments of _____________________ Dollars ($_______0 ___, and continuing on the ______ day of each and every month thereafter until the ____ day of ______, 20__ when the final payment shall be due. [ _________ / __________ ] The principal sum of _____ncipal sum of _____________________ Dollars ($_____________) payable in monthly installments of _____________________ Dollars ($_____________) beginning on the ________ day of _____________________, 2___________) beginning on the ________ day of _____________________, 20 ___, and continuing on the ______ day of each and every month thereafter, until paid in full. [ _________ / __________ ] The pri_____________________ Dollars ($_____________) with interest on the whole sum at the rate of _________ ( ____%) percent per annum, payable in monthly installments of _____________________ Dollars ($_______________________________ Dollars ($____________) paid to the Seller upon execution of this agreement, the receipt of which is hereby acknowledged. [ _________ / __________ ] The principal sum of purchase price for the Property, as follows (select and initial one or more that apply):\nInitials Seller _________________\n\n-1-\n\nBuyer _________________\n\n[ _________ / __________ ] _____________________________________________________ (Excluded Items)\n\nPRICE AND PAYMENT Buyer herein covenants and agrees to pay to the Seller the sum of _____________________ Dollars ($_____________) as the ________________________ ____________________________________________________________________________ ____________________________________________________________________________ _____________________(Included Items). The following items are specifically excluded from this contract and shall not be transferred to Buyer as a part of the Property: _______________________________________________________________________________________________________________ ____________________________________________________________________________ ______________________________________________________________ ote control units; keys; attached humidifiers; attached outside cooking units; attached fireplace screens and/or glass doors; attic and ceiling fans; builtin kitchen appliances; and: _________________d fixtures; attached mirrors; linoleum; wall-to-wall carpet; window and porch shades; blinds; storm windows and doors; screens; curtain and drapery rods; awnings; automated garage door openers and rem (including propane if owned); central heating, ventilation and air conditioning equipment and fixtures; sump pumps; attached TV antennas and cables; lighting and light fixtures; plumbing equipment anroperty associated with the Property (unless specifically excluded below), all of which (if any) are owned by Seller free and clear of all liens and encumbrances, including: gas heaters; propane tanks the property and all right, title and interest of Seller in and to adjacent streets, roads, alleys and rights-of-way. The sale of the Property shall also include the following fixtures and personal p___________________, more fully described on Exhibit \"A\", attached hereto and made a part hereof. The sale of the Property (and the term \"Property\") shall include all buildings and improvements onolute, clear of all encumbrances by a good and sufficient warranty deed or equivalent deed, that Property (\"Property\") situated in the County of _____________________, State of _____________________ioned on his part to be made and performed, the Seller hereby covenants and agrees to convey to the Buyer, his heirs, executors, administrators, personal representatives, or assigns, in fee simple abs______________________, (hereinafter referred to as \"Buyer\"), collectively referred to Parties. WITNESSETH, that if the Buyer shall first make the payments and perform the covenants hereinafter mentTRACT FOR DEED is made and entered into this_____ day of ___________, 20 ___, by and between ______________________________________, (hereinafter referred to as \"Seller\"), and ______________________ for you and should not be used without consulting with an attorney first. You should also consult an attorney whenever a document is negotiated with another party.\n\n2\n\nCONTRACT FOR DEED\nTHIS CONsequences of this Contract are fully explained and understood. An attorney should also be consulted whenever a document is negotiated with another party.\n\nThese forms should only be a starting pointd or signed without consulting an attorney first to make sure it fits your particular situation. You should also consult with an attorney and a tax professional to make sure that all legal and tax conhese forms are not intended as and are not a substitute for legal advice. Laws vary from time to time and from state to state. These forms should only be a starting point for you and should not be use make sure that all the terms of the Contract are fully understood. An attorney and a tax professional should be consulted to make sure all legal and tax consequences are clear. This information and t on the EPA site at: http://www.epa.gov. Please note that the state where the property is located may\n\n1\n\nalso have its own laws and regulations regarding lead paint. The Buyer and the Seller mustally approved pamphlet on lead poisoning prevention. More information about lead poisoning and protecting your family can be found at http://www.epa.gov/lead/. Additional information can also be founddren and pregnant women. Before selling pre-1978 housing, Sellers must disclose the presence of known lead-based paint and/or lead-based paint hazards in the dwelling. Buyers must also receive a federosure. Housing built before 1978 may contain lead-based paint. Lead from paint, paint chips, and dust can pose health hazards if not managed properly. Lead exposure is especially harmful to young chil local real estate broker or attorney, or call your state\'s attorney general\'s office. Most states with mandatory disclosure laws have created state approved forms that can be used to make the discl"as is\" If not required by law, a Buyer may still request the disclosures and try to make them part of the contract.. To find out if your state has any mandatory disclosure laws, you can check with an your area to determine what additional disclosures, if any, are required in your state. In some of these states, a seller may still be required to make the disclosure, even if the property is sold \law in some states requires a seller to make additional written disclosures, including disclosures about the condition of the house and any known problems. Check with a real estate agent or attorney ibalance. This Contract for Deed contains an AS-IS clause regarding the property. You can also choose between different payment methods i.e. with interest, with no interest, balloon payment etc... The of transaction are usually lower than transactions involving mortgages, banks or other institutional type lenders. A Contract for Deed also allows Seller to gain interest income from the outstanding is useful in situations where the Buyer can\'t easily obtain financing from other sources or other financing may not be even available to Buyer. Generally, the closing costs associated with this typepurchase price and is entitled to possession and equitable title to the property. The Seller holds legal title and continues to be liable for payment of any underlying mortgage. This type of Agreementas security. When the Buyer completes the required payments, the Seller must deliver valid legal title by way of a deed. During the period of the contract, the Buyer makes installment payments on the agree to transfer the title to the Buyer once all the payments under the Agreement are made and all other obligations are met. In essence, the Seller finances the purchase and holds the title or deed Deed is sometimes also know as a Land Contract, Agreement for Deed, Contract Sale or Real Estate Installment Agreement. This type of Document allows the Seller to retain the title to the property and ment is negotiated with another party. The purchase and use of these forms is subject to the Disclaimers and Terms of Use found at findlegalforms.com.\n\nInformation Contract for Deed\nA Contract for nsult with an attorney and a tax professional to make sure that all legal and tax consequences of this Contract are fully explained and understood. An attorney should also be consulted whenever a docu forms should only be a starting point for you and should not be used or signed without consulting an attorney first to make sure it fits your particular situation. The Buyer and Seller should also coll request the disclosures and try to make them part of the contract. These forms are not intended and are not a substitute for legal advice. Laws vary from time to time and from state to state. These be included.. Check with a real estate agent or attorney in your area to determine what additional disclosures, if any, are required in your state or locality. If not required by law, a Buyer may stit the condition of the house, the neighborhood, environmental disclosures and any other known problems. Some cities and other municipalities may also have specific disclosure requirements that need tose forms contain the basic terms and language that should be included in similar agreements. The law in some states requires a seller to make additional written disclosures, including disclosures abouor a minimum of three years as proof of compliance with the rules. A copy of the \"Disclosure Of Information On Lead-Based Paint and/or Lead-Based Paint Hazards\" form is included in this package. Then Lead-Based Paint and/or Lead-Based Paint Hazards\". Federal law requires the Seller to keep the signed copy of the \"Disclosure Of Information On Lead-Based Paint and/or Lead-Based Paint Hazards\" fnatures of all parties. If the property is built before 1978 property (i.e. pre-1978 property), federal law requires that the Seller and Buyer (and their Agents) sign the \"Disclosure Of Information Oosure Of Information On Lead-Based Paint and/or Lead-Based Paint Hazards. Each party should sign two copies of the final draft of the Contract. Each party should receive one copy with the original sigInstructions and Checklist Contract for Deed\nThis package contains: (1) Instructions and Checklist for Contract for Deed; (2) Information about Contract for Deed; (3) Contract for Deed; and (4) Discl