A Seller Financing Contract becomes necessary when traditional bank financing is either unavailable or undesirable for property purchases in the United States. This contract type is particularly useful for buyers who may not qualify for conventional mortgages or sellers seeking steady income through interest payments. The agreement combines elements of both a purchase agreement and a mortgage document, detailing not only the property transfer but also the specific financing terms. When drafting a Seller Financing Contract, careful attention must be paid to federal regulations like the Truth in Lending Act, state-specific usury laws, and local real estate requirements. The document typically includes comprehensive terms about property transfer, payment obligations, security interests, and default remedies, while ensuring compliance with both federal and state lending regulations.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of seller/lender and buyer/borrower with full legal names and addresses
2. Background: Context of the sale and financing arrangement, including property details and purpose of agreement
3. Definitions: Key terms used throughout the contract including Property, Purchase Price, Loan Amount, Interest Rate
4. Purchase Price and Financing Terms: Total purchase price, down payment amount, loan amount, interest rate, and term of financing
5. Payment Schedule: Monthly payment amounts, due dates, term length, and late payment provisions
6. Security Interest: Property description and lien details, including security instrument specifications
7. Default Provisions: Consequences of missed payments, breach of contract, and remedies including foreclosure rights
8. Governing Law: Applicable jurisdiction, legal framework, and dispute resolution procedures
1. Prepayment Terms: Optional provisions for early payment or loan payoff, including any prepayment penalties
2. Insurance Requirements: Specifications for property insurance, liability coverage, and other insurance obligations
3. Transfer Restrictions: Limitations on property transfer or sale during the financing term, including due-on-sale provisions
4. Maintenance Requirements: Property maintenance standards and upkeep obligations of the buyer
1. Schedule A - Property Description: Detailed legal description of the property including address, boundaries, and parcel numbers
2. Schedule B - Payment Schedule: Comprehensive amortization table showing payment breakdown over the loan term
3. Schedule C - Required Disclosures: State and federal mandatory lending disclosures including Truth in Lending statements
4. Schedule D - Property Inspection Report: Documentation of current property condition and any material defects
Find the exact document you need
Agreement Letter Between Company And Employee
A U.S.-compliant formal agreement establishing employment terms and conditions between an employer and employee.
Download
Contract Letter Between Two Parties
A legally binding agreement in letter format that establishes contractual relationships between two parties under U.S. law.
Download
Agreement For Work To Be Performed
A U.S. legal contract defining terms and conditions for specific work or services to be provided, including scope, payment, and deliverables.
Download
Enforceable Contract
U.S.-compliant enforceable contract template incorporating all essential elements required under federal and state law.
Download
White Label Software License
A U.S.-governed agreement allowing companies to license and rebrand software products under their own name.
Download
Electronic Confidentiality Agreement
A U.S.-compliant agreement protecting confidential information shared electronically between parties, incorporating federal electronic signature and trade secret laws.
Download
Basic Contract
A standard U.S.-compliant contract template establishing fundamental terms and conditions between parties, suitable for various business relationships.
Download
Prenuptial Agreement
A U.S. legally binding contract executed before marriage that establishes property and financial rights of spouses in case of divorce or death.
Download
Agreement Letter Between Two People
A legally binding agreement letter used in the U.S. to document mutual understanding and obligations between two individuals, following American contract law principles.
Download
Home Contract Agreement
A legally binding agreement under U.S. federal and state laws that documents the terms and conditions for the purchase and sale of residential property.
Download
Statement Of Agreement
A U.S.-compliant formal document that outlines agreed terms between parties, serving as a legally binding agreement while being more streamlined than a full contract.
Download
Agreement Between Principal Employer And Contractor
A U.S.-governed contract defining the relationship and terms between a principal employer and independent contractor.
Download
Business Percentage Agreement
A U.S.-governed agreement establishing percentage-based revenue or profit sharing terms between business parties.
Download
Rent In Exchange For Services Agreement
A U.S. legal agreement establishing terms for rent-free accommodation in exchange for specified services provided to the property owner.
Download
Catering Contract
A U.S.-governed agreement between caterers and clients for professional food service provision, covering service terms, pricing, and regulatory compliance.
Download
White Label Software License Agreement
A US-governed agreement allowing companies to license and rebrand software products under their own brand name.
Download
Business Cooperation Agreement
A US law-governed agreement establishing terms and conditions for business collaboration between multiple parties, defining rights, obligations, and operational framework.
Download
Terms Of Business Agreement
A US law-governed agreement establishing core terms and conditions for business-to-business service provision.
Download
Online Lease Agreement
A U.S.-compliant digital rental contract establishing terms between landlord and tenant for residential property use.
Download
Business Contract
A U.S.-governed Business Contract establishing terms and conditions for commercial relationships between business entities.
Download
Yearly Contract Agreement
A US-governed agreement establishing terms and conditions for a twelve-month contractual relationship between parties.
Download
Working Partner Agreement
A U.S. legal agreement defining the terms and conditions of a working partner's involvement in a business, including ownership rights and operational responsibilities.
Download
Work For Hire Contract
A U.S.-governed agreement establishing ownership rights of commissioned work under the work-for-hire doctrine.
Download
Work For Hire Agreement
A U.S.-governed agreement establishing ownership rights and terms for work created by a contractor for a hiring party, under copyright law.
Download
Work Contract Agreement
A legally binding employment agreement that establishes work terms and conditions between employer and employee, compliant with U.S. federal and state employment laws.
Download
Work Contract
A legally binding employment agreement that establishes terms and conditions of employment under U.S. federal and state laws.
Download
Work Agreement
A U.S.-compliant agreement establishing employment terms between employer and employee.
Download
Wholesaling Houses Contracts
A U.S. legal agreement enabling the transfer of property purchase rights from a wholesaler to an end buyer, subject to federal and state real estate regulations.
Download
White Label Agreement
A U.S.-governed agreement enabling one company to rebrand and sell another company's products or services under their own brand name.
Download
Website Development Agreement
A U.S.-compliant legal agreement between a website developer and client establishing terms for website development services, including scope, timeline, and deliverables.
Download
Website Design Contract
A U.S.-compliant legal agreement between a website designer and client defining the terms of website design services and deliverables.
Download
Website Contract
A U.S.-governed legal agreement between website developers and clients defining website development terms and obligations.
Download
Web Development Contract
A U.S.-governed legal agreement between a web developer and client specifying terms for website development services, including scope, deliverables, and rights.
Download
Web Design Contract
A U.S.-governed legal agreement between a web designer and client specifying terms, deliverables, and rights for website development services.
Download
Volunteer Contract
A legally binding agreement under U.S. law that establishes terms and conditions between a volunteer and an organization for unpaid service provision.
Download
Voluntary Service Agreement
A U.S.-governed agreement defining terms and conditions for volunteer services, protecting both the volunteer and the organization.
Download
Virtual Assistant Contract
A U.S.-compliant legal agreement establishing the terms and conditions between a client and a virtual assistant, governing remote work arrangements and protecting both parties' interests.
Download
Venue Rental Agreement
A U.S.-compliant legal agreement governing the temporary rental of a venue or facility, establishing terms, conditions, and responsibilities between the venue owner and renter.
Download
Vendor Services Agreement
A U.S.-governed contract defining the terms and conditions for services provided by a vendor to a client.
Download
Vendor Contract
A legally binding agreement under U.S. law that governs the relationship between a vendor and purchaser, establishing terms for goods or services provision.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)