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    Missouri Contract for Deed


    In Missouri, a Contract for Deed (also called a land contract or an installment purchase agreement) is used to sell real estate in circumstances where conventional mortgage financing may not be available to the buyer.

    • The seller basically takes over the role of the mortgage lender. The buyer pays the purchase price in installment payments until the principal and interest is paid in full.
    • Title to the property remains in the seller's name until the full amount has been paid, at which point the seller transfers and conveys the title to the buyer.
    • The seller can foreclose on the property if the buyer defaults in making payments.
    • This is a downloadable legal form in MS Word format.
    • Intended for use only in the State of Missouri.
    Download Type: Microsoft Word
    Last Updated: 23-June-2022
    SKU: 4987