: Disclosure of any large lump-sum payment due at the end of the term. Responsibilities & Disclosures :
: In many jurisdictions, the contract should be recorded with the county recorder's office to protect the buyer's interest. Common Risks buying contract for deed
Contract for deed common questions (FAQ) - Illinois Legal Aid Online : Disclosure of any large lump-sum payment due
: Full legal names and contact details for both the buyer and the seller. buying contract for deed
: Clearly state who is responsible for property taxes and homeowners insurance.
: Disclosure of any existing mortgages or limitations on the property. Critical Steps for Buyers