Picture of Purchase Agreement for Mortgage | USA Picture of Purchase Agreement for Mortgage | USA Picture of Purchase Agreement for Mortgage | USA

Purchase Agreement for Mortgage | USA

Use this Purchase Agreement to transfer a mortgage and promissory note from one lender to another.

  • The agreement is conditional upon the buyer obtaining adequate funds to finance the purchase.
  • The buyer will pay for all closing costs, including report and appraisal fees, title examination and insurance.
  • If the seller cancels the agreement prior to closing, the seller must pay a cancellation fee, plus any costs incurred by the buyer.
  • The seller indemnifies the buyer against any liability or expense arising from any inaccuracy or breach of any warranty or representation made by the seller.
  • The seller sells and assigns the note and mortgage without recourse, and the seller assumes no responsibility or liability with respect to the mortgagor's financial performance.
  • Available in MS Word format.
  • The form can be used throughout the United States.
Document Type: Microsoft Word
Last Updated: 16-January-2025
SKU: 4328
$17.99
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USA Joint Venture Agreement to Purchase Mortgages

Joint Venture Agreement to Purchase Mortgages | USA

Prepare a Joint Venture Agreement for a U.S. venture being set up to purchase mortgages using this digital template.

Overview of the Agreement

The parties (venturers or co-venturers) will jointly purchase a promissory note secured by a mortgage or deed of trust.

Each party will contribute a specified amount of capital and agrees to make additional contributions as required. Each party is entitled to receive revenues in proportion to their respective interests.

Other Key Points

  • Decisions affecting the operation of the joint venture require the approval of all venturers.
  • The joint venture will not maintain a bank account in its own name, but will use a mortgage servicing company to collect payments and make distributions.
  • The venturers will jointly appoint an attorney-in-fact to purchase the purchase of a suitable mortgage.

Format and Jurisdiction

This Joint Venture Agreement template is available in MS Word format and is fully customizable and reusable, making it both flexible and cost-effective.

This legal document template is intended to be used only in the United States.

$14.99
Picture of USA Purchase Agreement for Deed of Trust

USA Purchase Agreement for Deed of Trust

Mortgage lenders, sell your interest in a Deed of Trust and underlying promissory note with this template Purchase Agreement.

  • The buyer is purchasing the interest without recourse.
  • The seller is entitled to keep any payments received under the Deed of Trust until the agreement becomes effective. These payments will be deducted from the purchase price.
  • The agreement is conditioned upon the buyer obtaining adequate financing to complete the purchase.
  • If the seller does not go through with the deal, the seller must pay a cancellation fee as well as the buyer's costs.
  • The seller indemnifies the buyer against any liability or expense arising from any inaccuracy or breach of any warranty or representation.
  • The parties acknowledge that the buyer has no fiduciary obligation to the seller and is acting as an independent investor.
  • The Agreement can be used throughout the United States.

To obtain the Purchase Agreement template, add it to your cart, check out and download the form.

$29.99