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Contract for Deed

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This is an example of contract for deed. This document is useful in conducting contract for deed.

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Tax Preparation Worksheets CONTRACT FOR DEED NAME __________________________________________ TAX YEAR ____________ PROPERTY LOCATION: _________________________________________________ YOUR PURCHASE INFORMATION Purchase Date Base Purchase Price Settlement Costs Were there any improvements made to the property? q Attach the settlement statement from the purchase. SALE INFORMATION Date of Sale Name of Tenant Social Security number of Tenant (for 1098) Base Selling Price Your Settlement Costs in this sale q Attach the settlement statement from the purchase. q Attach the contract for deed. LIABILITY INFORMATION Original balance of first mortgage that you hold Current balance of first mortgage Original balance of second mortgage that you hold Current balance of second mortgage q Attach the mortgage interest statements for your original mortgages. q If you refinanced any of the mortgages, attach the second mortgage interest statement and the settlement statement from the refinance. DETAILS OF CONTRACT FOR DEED Selling price Downpayment Mortgage amount that tenant holds with you Payment per month Interest rate Length of contract term Is the contract still in force? Have any payments been late or missed? Do you need us to issue the 1098 to your tenant? Donna L. Bordeaux, CPA PA Phone: (704) 752-9845 Fax: (704) 296-2860 e-mail: donnab@dlbcpa.com website: www.dlbcpa.com

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