Ohio Installment Land Contract

An Installment Land Contract is used when you want to sell a property in Ohio and you plan to finance the purchase by allowing the buyer to pay the purchase price over time.

  • An installment contract is also called a Contract for Deed, because at the end of the contract when the buyer has paid all of the amounts due under the contract, the seller transfers the title deed to the buyer.
  • This type of contract is often used when selling property to a family member.
  • You can only use the land contract for selling a property that has a home built on it, or a mobile home which is attached to the property. You can't use this contract to sell bare land.
  • If the buyer fails to keep up the payments or does not perform any of its other obligations, the seller can repossess the property and keep all payments made as liquidated damages.
  • The template includes a Lead Paint Disclosure, as required by federal laws.
  • Intended to be used only in the State of Ohio.
Document Type: Microsoft Word
Last Updated: 25-February-2025
SKU: 4997
$17.99