Products tagged with 'vermont real estate form'

Not all home buyers can qualify for a mortgage loan. This Contract for Deed allows sellers in Vermont to effectively finance the transaction for the buyer.

• A contract for deed (or purchase money mortgage) allows a buyer to pay the balance of the purchase price over time, with the seller carrying the balance until the last payment is made. The seller effectively becomes the mortgage lender for the transaction.
• The title deed is held by the seller and will transfer to the buyer once all of the purchase price (plus any applicable interest) has been paid to the seller.
• The seller has the right to take back the property if the buyer defaults in its payments.
• The seller can determine whether the balance is to be repaid by monthly payments (with or without interest), or by monthly payments with interest for a fixed number of payments with one final balloon payment at the end.
• The 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 Vermont.

Transfer title to a real estate property in Vermont from joint owners to an individual with this easy-to-use Quitclaim Deed template.

Purpose of a Quitclaim Deed

This quitclaim deed is a legal document under which the property owners (grantors) convey their interest in a property to a transferee (grantee) without guaranteeing the validity of that interest or providing any warranties.

This form of deed is often used following a divorce, to remove one spouse's name from title to the property.

Format and Jurisdiction

The Quitclaim Deed form is available in MS Word format and is easy to use. It is intended to be used only in the State of Vermont.