Land Installment Contract – Buying

17 Responses to Land Installment Contract – Buying

1. John Fong says:

   February 2, 2012 at 4:40 pm

   I’ve been looking for a Land Installment Contract. Thanks!

   Reply
2. ZANETTE WILLIAMS says:

   July 6, 2012 at 4:21 pm

   Thanks Ron!

   Reply
3. Michael Minnihan says:

   November 1, 2012 at 2:36 pm

   Depending on your state this may be a Land Contract, Agreement For Deed, Bond for Deed

   Reply
4. Barry Winkle says:

   August 22, 2013 at 2:53 am

   I use these all the time, both the Buyer’s and Seller’s agreements. They work great!

   Reply
5. BOB BRENNER says:

   September 25, 2013 at 1:59 pm

   When do you use the Land Installment contract and when the contract for Deed

   Reply
   • Daniel Nichelson says:

     November 23, 2017 at 12:23 pm

     Land installment contract and contract for deed are just different common names for the same agreement. Depending on the state and local region different synonymous names are used. Land Contract, Agreement for Deed, a Contract Sale, or Real Estate Installment Agreement, Bond for Deed, Articles of Agreement for Deed, Installment Land Contract, Articles of Agreement for Warranty Deed, Contract for Deed, and probably a few others. These names all refer to an installment contract for sale of real estate where the seller retains title until after all of the terms of the contract, including full payment by the buyer, before title to the title is transferred.

     This is not to be confused with an installment contract where title passes before full payment is made under a mortgage or deed of trust agreement.

     Reply
6. Kaojia Vang says:

   November 19, 2014 at 12:18 pm

   Is this the same as a “subject to deal”?

   Reply
7. Kaojia Vang says:

   February 16, 2015 at 6:13 pm

   Would you use this same contract for a contract for deed?

   Reply
8. Ronald Trower says:

   March 17, 2015 at 6:31 pm

   When do you use the Land Installment contract and when the contract for Deed

   Reply
   • Elliot Land says:

     March 18, 2015 at 8:16 am

     Ronald,

     This video about land trusts might help you out!

     https://www.ronsgoldclub.com/training/qsre-training/lesson-164-land-trusts

     Reply
     • Mark Burton says:

       April 29, 2017 at 12:59 pm

       lesson 164 appears to be a 3-minute vid having nothing to do with land contracts

       Reply
       • Timothy Munson says:

         December 26, 2017 at 9:57 pm

         Hi Mark Burton,

         Use lesson #046 instead –

         https://www.ronsgoldclub.com/training/qsre-training/lesson-46-how-to-take-title-using-land-trusts

         Reply
       • Timothy Munson says:

         December 26, 2017 at 9:59 pm

         Another great video from Ron that explains Land Trusts is this one – https://www.ronsgoldclub.com/training/qsre-training/lesson-17-land-trusts-made-simple-how-to-take-title

         Reply
9. Judy Berrett says:

   July 11, 2015 at 3:29 pm

   Definitely one to use.

   Reply
10. Robert Miller says:

    May 10, 2017 at 7:21 pm

    Is there any way to print this document without having to buy Microsoft Office. I use Open Office by Apache.
    Thanks

    Reply
    • Natasha Kendrick says:

      March 14, 2019 at 1:22 pm

      Google Docs

      Reply
11. Daniel Nichelson says:

    December 27, 2017 at 11:20 am

    Warning! On January 1, 2018 a new law goes into effect in Illinois that makes everything in Ron’s Contract for Deed form unusable in their existing form. This law adds many new very specific requirements and elements to the agreement and negotiations, whether both as a buyer or a seller, that are stacked in the buyer’s favor.

    Fail to use a specifically and carefully drafted Contract for Deed in Illinois at your own peril!

    This new law is named The Installment Contract Sales Act. Read it here:
    http://ilga.gov/legislation/ilcs/ilcs3.asp?ActID=3813&ChapterID=62

    Reply