Picture of Delaware Contract for Deed Picture of Delaware Contract for Deed

Delaware Contract for Deed

If you are selling a real estate property in Delaware, 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.
  • This Contract for Deed form is available in MS Word format and is fully editable to fit your exact circumstances.
  • Intended to be used only in the State of Delaware.
Document Type: Microsoft Word
Last Updated: 26-February-2025
SKU: 4971
$17.99
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  • The transferees will hold title as joint tenants, with rights of survivorship, which means that if one of them dies, title to the property passes to the surviving joint tenant.
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