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This land contract addendum outlines payment terms, with the buyer agreeing to pay a monthly amount of which part will go into escrow for property taxes, and the seller agreeing to pay property taxes on behalf of the buyer each month from escrow. It also specifies that part of the monthly payment will go toward principal and interest on the previously signed land contract installment note. The buyer and seller sign and date the addendum.
This land contract addendum outlines payment terms, with the buyer agreeing to pay a monthly amount of which part will go into escrow for property taxes, and the seller agreeing to pay property taxes on behalf of the buyer each month from escrow. It also specifies that part of the monthly payment will go toward principal and interest on the previously signed land contract installment note. The buyer and seller sign and date the addendum.
Copyright:
Attribution Non-Commercial (BY-NC)
Verfügbare Formate
Als ODT, PDF, TXT herunterladen oder online auf Scribd lesen
This land contract addendum outlines payment terms, with the buyer agreeing to pay a monthly amount of which part will go into escrow for property taxes, and the seller agreeing to pay property taxes on behalf of the buyer each month from escrow. It also specifies that part of the monthly payment will go toward principal and interest on the previously signed land contract installment note. The buyer and seller sign and date the addendum.
Copyright:
Attribution Non-Commercial (BY-NC)
Verfügbare Formate
Als ODT, PDF, TXT herunterladen oder online auf Scribd lesen
Buyer(s) agree to pay $___________ per month, with $____________ of
such payment placed in escrow toward property taxes. The Seller agrees to pay such Property Taxes on behalf of the Buyer(s) on a monthly basis. Further, the Buyer acknowledges that $____________ will be applied toward Principle and Interest on the Land Contract Installment Note previously executed.
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