What is A Vacant Land Contract Used for?

Forward the document to the recipient in order to get the second signature and mutual decision.

In case you plan to buy, sell or rent land property, you have to confirm a treaty by a contract. It can be in the form of a vacant land agreement. Due to the conditions of the document, you as a seller retain your legal right to the property before a buyer pays full price. This is similar to the payment of the loan but monetary operations are conducted directly between the two parties. With the vacant land contract a buyer can use the property the whole time he or she repays the sum. Once an individual fulfills the requirements, a seller has to convey him or her the legal title to the land.

You may use online forms to organize the necessary points properly and simplify the process for both parties. In this case, you can easily fill out empty lines and sign the agreement electronically. Thereafter, you can send the file to the recipient via email, fax or sms.

How to Prepare The Vacant Land Contract?

It is necessary to provide correct and precise data. Read the instruction below to see what data is important for the Vacant Land Contract.

• Identification of both parties.
  
• Description of the property.
  
• Indication of the price and all financial points.
  
• Info about the closing date and procedure.
  
• Other conditions and requirements that influence the agreement.
  
• The current date.
  
• Signature of both parties. You may add a signature by typing, drawing or uploading.
  

source https://medicalreleaseform.tumblr.com/post/167979422416