Purchase Money Promissory Note for Real Estate Purchase
If you are selling a real estate property and allowing the buyer to pay the purchase price over time, make sure the buyer signs this Purchase Money Promissory Note.
- Having a signed promissory note in place makes you a secured creditor if the buyer becomes bankrupt or insolvent.
- The buyer will pay off the balance of the purchase price in regular installments, rather than having to come up with all of the purchase money in order to close the sale.
- The Note contains an acceleration clause, meaning if the maker defaults in a payment, the entire balance together with interest becomes immediately due and payable.
- Get the Purchase Money Promissory Note signed at the same time that the other documents for the real estate purchase are executed by the buyer.
Mobile Home Listing Agreement | USA
Prepare a contract to provide listing services to sell a client's mobile home with this downloadable Listing Agreement template for the USA.
Exclusive Contract
The seller gives the listing agent exclusive rights to sell the mobile home for an agreed price. The seller agrees not to sell the mobile home through any party other than the listing agent during the term of the Listing Agreement.
Cash to Seller
The seller agrees to accept a specified price for the mobile home and appliances, equipment and other items sold with it, regardless of whether the listing agent sells the mobile home for a higher price.
Extension of Listing Period
The seller agrees to extend the listing period if within 30 days after its expiry, the listing agent has negotiated with a buyer and the sale is made within a specific time period.
Sale Conditioned
The sale is subject to the mobile home remaining in place and the buyer being allowed to rent or lease the lot it is currently on.
Format and Jurisdiction
This Mobile Home Listing Agreement is a downloadable and fully customizable MS Word document. Buy once, use as often as necessary.
This document template was prepared in accordance with the laws of the United States and should only be used within the USA. It can be customized for any State.
Promissory Note (Regular Payments, No Interest)
This promissory note template is made by a borrower to secure an interest-free loan to be repaid by regular payments.
- The Promissory Note allows the borrower to repay the loan in monthly, weekly, or bi-weekly payments.
- No interest will be charged on the outstanding loan balance. The borrower will only be repaying the principal amount.
- This is a generic legal form which can be used anywhere.
- You can download the form immediately after purchasing it.