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Alberta Vendor Take-Back Mortgage
Have you found a buyer for your property who can't qualify for a mortgage? Lend them the amount they need with this Vendor Take-Back Mortgage for Alberta real estate properties.
- A vendor take-back mortgage (also known as a 'purchase money mortgage') is often used for real estate transactions between family members.
- The seller (vendor) agrees to carry all or part of the purchase price for the real estate and the buyer will make regular payments to the seller, just as with a regular mortgage.
- The seller has the right to take back the property if the buyer fails to make the payments or meet its other obligations under the mortgage.
- A Vendor Take-back Mortgage is an alternative method of financing a real estate purchase that allows buyers who cannot get a conventional mortgage a chance to own a home.
- This legal document is intended solely for use in the Province of Alberta, Canada.
$17.99
British Columbia Purchase Money Security Agreement
When you sell inventory on credit to a distributor, make sure you protect your security interest in those goods until you're paid in full under this Purchase Money Security Agreement for BC.
- The contract attaches a purchase money security interest (PMSI) to the goods being sold, which then become collateral under the Agreement.
- The supplier (secured party) extends credit to the customer (debtor) for the purchase of the inventory, and the debtor agrees to pay the purchase amount in a series of instalment payments.
- In return for being allowed to pay over time, the debtor grants the secured party a PMSI over the goods and over the proceeds that will be realized from the goods.
- This is a downloadable legal form intended for use in the Province of British Columbia, Canada.
$17.99
Texas Contract for Deed
If you are selling a real estate property in Texas, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed (or purchase money mortgage).
- Under the terms of this Contract, the seller effectively becomes the mortgage lender for the balance of the purchase money.
- Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
- The seller has the right to take back the property if the buyer defaults in payment.
- At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
- Available in MS Word format and fully editable to fit your exact circumstances.
- Intended to be used only in the State of Texas.
$17.99
Escrow Statement of Particulars
Use this free Escrow Statement of Particulars to determine the adjusted balance of purchase money still owing in a real estate transaction.
- The Escrow Statement sets out:
- deposits paid by the purchaser,
- pro rated amounts for taxes and insurance,
- realtor commissions,
- fees and charges paid with respect to the transaction,
- special assessments,
- professional fees,
- any other costs associated with the transaction to be paid by the purchaser.
- Available in MS Word format, easy to fill in and print.
- Intended to be used only for U.S. real estate transactions.
$0.00
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Texas Warranty Deed with Vendor's Lien
Transfer ownership of a real estate property in Texas from a seller to a buyer with this Warranty Deed with Vendor's Lien.
- The Warranty Deed gives the seller (the vendor) a lien over the property under a promissory note signed by the buyer and held by the vendor.
- The vendor can assign the vendor's lien to a mortgage lender after the promissory note is paid out of the proceeds of a new mortgage.
- The lender, who holds the promissory note and deed of trust, will retain superior title to the property until the loan is paid by the buyer.
- The form can also be used to place a lien by a third party lender.
- Available in MS Word format.
- Intended to be used only in the State of Texas.
$6.49
Mobile Home Sale Contract | USA
Sell a mobile home in the USA with this Mobile Home Sale Contract (without land).
- The Contract is for a mobile home with no land included in the sale (such as a mobile home situated on a trailer park lot).
- The sale requires the consent of the park owner for the purchaser to take over the lease of the lot.
- This contract can be used for a cash sale, a sale under a mobile home retail installment loan, or a sale with monthly payments secured by a purchase money note and security interest in the mobile home.
- Available in MS Word format and fully editable to fit your specific circumstances.
- Intended to be used only within the United States.
$17.99
Texas Deed of Trust
Transfer title of a Texas real estate property from a seller to a trustee with this Texas Deed of Trust form.
- A Deed of Trust can be substituted for a mortgage deed in the purchase of real estate property except for agricultural farm land.
- Title to the property is conveyed by the seller to a trustee instead of to the purchaser. The trustee holds the title as security to ensure the purchaser's performance of its obligations (including payment of the purchase price, maintenance and upkeep of the property, payment of taxes, etc).
- If the borrower defaults in payment, the balance becomes due and payable and the trustee may sell the property.
- The Deed of Trust contains uniform covenants regarding payments, funds for taxes and insurance, prior mortgages, hazard insurance, occupancy as principal residence, care and maintenance of the property, protection of the lender's security, and other standard clauses.
- The loan being secured by the Deed of Trust cannot be a home equity loan. The loan can be made to purchase property, to renew and extend an existing debt, or as a loan against non-homestead property.
- Available in MS Word format.
- Intended to be used only in the State of Texas.
$17.99
Oklahoma Mortgage
Place a mortgage on a residential property with this Oklahoma fixed rate mortgage form.
- The mortgage form contains both uniform (multistate) covenants and non-uniform covenants for foreclosure, discharge of the mortgage when paid in full, and a waiver of homestead exemption pursuant to Oklahoma law.
- The mortgage secures the lender's position in connection with a loan and a promissory note signed by the borrower.
- This is a downloadable and fully editable legal template for single family dwellings.
- This is a standard legal form template in MS Word format.
- Intended for use in the State of Oklahoma.
$17.99
Texas Release of Deed of Trust
Record this Release of Deed of Trust with the County Recorder to discharge a mortgage lien from property in the State of Texas.
- This form contains clauses for both a full release and a partial release, and can be used for either.
- This is a reusable legal form template. Once you download it, you can use it as often as you require.
- This Texas Release of Deed of Trust form is available in MS Word format. We can convert it to another format upon request.
$6.29
