Seller Financing Agreement Template – US

Legal Disclaimer

The information provided serves only as a general example for a contractual arrangement where payment terms are financed directly from the seller. It does not constitute legal advice and is not a substitute for consulting a qualified attorney specializing in real estate or contract law. Variations in local laws and regulations may require modifications to ensure compliance. Responsible use of this template is up to the user, and no liability is assumed for any errors, omissions, or consequences resulting from its application without prior professional review.

Please note: This is a sample Seller Financing Agreement template for the United States, provided for illustrative purposes only. Actual terms may vary based on specific agreements and applicable laws.

Seller Financing Agreement Sample (US)

Parties Involved:

Seller: John A. Doe
Address: 123 Main Street, Anytown, USA 12345

Buyer: Jane B. Smith
Address: 456 Oak Avenue, Anytown, USA 12345

Property Description:

The property involved in this agreement is located at 789 Elm Street, Anytown, USA 12345, or other designated real estate as specified herein.

Financing Terms:

The seller agrees to finance the purchase up to a principal amount of $250,000, with an annual interest rate of 5%, payable monthly over 15 years, with a down payment of 10% of the purchase price.

Seller Responsibilities:

The seller shall provide clear title to the property, deliver all necessary documentation, and conduct the transfer of ownership upon full payment as outlined in this agreement.

Governing Law:

This agreement shall be governed by the laws of the State of California. Disputes shall be resolved within the jurisdiction of the California courts.

Additional Provisions:

• The buyer shall make payments on the 1st of each month.
• Prepayment of the loan may be made without penalty.
• This agreement is contingent upon satisfactory appraisal and inspection.

Anytown, ______________________