A Land Contract does not have to be undertaken using a do-it-yourself legal document.
Nor does one party have to take the word of the other that the contract is written fairly to both sides.
Or guess that the Deed transfer will be done correctly at closing. Continue reading An Ohio Land Contract Service
Do you understand the legal and financial considerations involved with buying or selling a home using a Land Contract? Then do-it-yourself legal document software is the most affordable way to create the agreements you need. Continue reading Do-It-Yourself Ohio Land Contract Legal Documents
It’s quite common for an Ohio Land Contract to have a contract duration of 3 to 5 years with a buyout clause — often called a “balloon payment” — due at the end of that time period.
Let’s examine why that structure is common. Continue reading Ohio Land Contracts and Balloon Payments
If the Buyer fails to make a payment or fails to comply with other terms of the Land Contract, the Seller must provide the Buyer with a written Notice of Default. Continue reading If a Buyer Fails to Make Payments on an Ohio Land Contract
Is there a remedy if a Seller has a mortgage on a property that is greater than the value of the Land Contract that a Buyer holds on that property? Continue reading What if the Seller Has a Mortgage Greater Than the Land Contract Value?
What is the law in regards to buying a home by Land Contract in Ohio? Read this overview on the legal requirements set forth by the State of Ohio for Land Contract real estate transactions on any property located within the state: Continue reading General Legal Requirements for an Ohio Land Contract
The following is the Ohio Revised Code covering Land Contract transactions on property located in the state: Continue reading Ohio Revised Code: Land Contracts
Like other contracts, an Ohio Land Contract can be amended by agreement of the parties. Continue reading Amending a Land Contract
After the Vendee (or buyer) makes the final payment on the Land Contract, the Vendor (or seller) must convey ownership of the property to the buyer by signing a deed and delivering that deed to the buyer. Continue reading After the Land Contract is Paid
Can a Buyer and Seller create a Land Contract to cover the sale of vacant land, including large plots like farm land? Continue reading An Ohio Land Contract for Farm Land