What is a Vacant land contract?

This is one of the different types of the contracts between buyer and seller of real property. Under the conditions of this agreement the vendor provides the purchaser financing in the buying and purchaser repays the resulting loan in installments. According to this agreement a landlord retains the legal title to the estate. The buyer may dispose of the estate and use it for most purposes other than legal ownership. The sale price is commonly paid in periodic installments. Once the initial down payment is done, the seller has to convey legal title to the property. It is very important to prepare this document correctly. That’s why it is advisable to find fillable Florida vacant land contract template and fill it out online. Look through the list of information to include in the sample:

• personal details of the parties; 
• description of estate; 
• details about price and financing; 
• closing date and occupancy; 
• closing procedure and costs; 
• property condition; 
• information about title; 
• other conditions and requirements; 
• effective date; 
• signatures of both parties.

Fortunately you are provided with ability to sign the document electronically. Type, draw, upload or capture your signature with a webcam.