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2016-02-28
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2016-04-18
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2018-06-11
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2018-10-02
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They have very quick and responsive customer service. I was greatly relieved to have my issue resolved in a very timely manner.
2020-03-13
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2023-11-07
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2023-01-18
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How easy it is to use, the signature function too.
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History saves only one document and can't change it.
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Don't need a printer and scanner to fill out documents
2021-02-15
Super product, it takes but a few minutes to master and then you are off. The ability to change original self-fillable documents is a terrific feature.
2021-01-20
Convert On Payment Deed Feature
The Convert On Payment Deed feature simplifies the process of converting payment obligations into legally binding deeds. It streamlines transactions and enhances security for both parties involved. With this feature, you can ensure clarity and protection in your financial agreements.
Key Features
Automatic conversion of payment agreements into legal deeds
User-friendly interface for easy management
Secure storage of all documents and transactions
Real-time tracking of payment statuses
Compliance with local regulations
Potential Use Cases and Benefits
Businesses looking to formalize payment arrangements efficiently
Individuals needing clear documentation of loan agreements
Real estate transactions requiring secure payment conversion
Contract negotiations that benefit from enforceable obligations
This feature addresses common challenges in payment agreements. It minimizes disputes by providing clear terms and legal backing. For instance, if you are a business owner who frequently deals with contracts, the Convert On Payment Deed feature ensures your agreements are processed smoothly and securely. By using this feature, you can focus more on your core operations while knowing that your financial dealings are protected.
For pdfFiller’s FAQs
Below is a list of the most common customer questions. If you can’t find an answer to your question, please don’t hesitate to reach out to us.
What if I have more questions?
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How much is a down payment on a contract for deed?
Contract for Deed Lenders request a 10%- 20% down payment, a higher interest rate and usually a five-year balloon clause.
Does a contract for deed need to be recorded?
Contracts for deed also places some risk on the seller. If the buyer defaults, the seller will have to take action and may end up taking back the land. Recording. The buyer must record the contract for deed with the county recorder where the land is located within four months after the contract is signed.
Who holds the legal title to a property during a contract for deed?
Under a Contract for Deed, the buyer makes regular payments to the seller until the amount owed is paid in full or the buyer finds another means to pay off the balance. The seller retains legal title to the property until the balance is paid. The buyer gets legal title to the property once the final payment is made.
Can a contract for deed be broken?
A landowner may terminate a contract for deed if the buyer is in default on any of the terms of the contract. Common reasons a landowner may terminate a contract for deed include: The buyer is behind on payments. Many contracts for deed require the buyer to pay all property or real estate taxes due on the property.
What is the disadvantage of a contract for deed?
One disadvantage of a contract for deed to the seller is that clearing the title may take time and money if the buyer defaults on the contract, according to Real Town. In addition, the seller can immediately foreclose on the property if the buyer defaults, and the buyer has no recourse against the seller.
How long does a contract for deed last?
A contract for deed, more informally known as a land contract, is a type of seller financing. Typically, it runs from three to five years. The property's title remains with the seller until the full sale price gets paid. A balloon payment at the contract's end is standard.
Is a contract for deed considered a sale?
A contract for deed, also known as a “bond for deed,” “land contract,” or “installment land contract,” is a transaction in which the seller finances the sale of his or her own property. In a contract for deed sale, the buyer agrees to pay the purchase price of the property in monthly installments.
What is a typical down payment on a contract for deed?
If the Buyer defaults, the Buyer loses all the money paid toward the property. Contract for Deed Lenders request a 10%- 20% down payment, a higher interest rate and usually a five-year balloon clause.
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