Alabama Contract for Deed

Alabama mortgage lenders can use this comprehensive template to prepare a mortgage to secure a loan for purchasing a property.

• Uniform Covenants: mortgage payments, taxes and insurance, prior charges on the land, hazard insurance, occupancy as principal residence, care and maintenance of the property, protection of the lender's security, etc.
• False Information. If the borrower gave any false or misleading information on the loan application, the borrower will be in default.
• Default. If the borrower breaches any provision of the agreement and fails to cure the breach, the entire amount of the indebtedness will become due and payable, and the lender may invoke its power to sell the property.
• Homestead. The borrower waives all homestead exemptions.

Transfer ownership of an Alabama real estate property with this easy-to-use Alabama Special Warranty Deed form.

Transfer title of an Alabama real estate property from two sellers to two buyers with this Alabama Warranty Deed for Joint Ownership.

• This is the type of Warranty Deed that is used to convey a property from one couple (spouses or partners) to another couple, who will live in the property.
• The buyers will own the property as joint tenants with rights of survivorship. That means when one joint tenant dies, the title will pass to the survivor.
• The sellers (grantors) covenant to the buyers (grantees) that they have good and marketable title to the property, they have the legal right and power to transfer the title, and they will defend the grantees' right to possess the property.

Transfer a real estate property in Alabama from a seller to a buyer with this easy-to-use Alabama Warranty Deed form.

• that the grantor has good and marketable title to the property,
• that the grantor has the legal right and authority to transfer the title to the buyer, and
• that the grantor will forever defend the right of the grantee to possess the property.