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The tutorial outlines how to complete a vacant land contract, noting that it is similar to a traditional as-is contract with some differences. Key points include ensuring the buyer and seller's legal names are correctly listed at the top of the contract. If using MLS, the legal description and address will automatically populate in the contract. For transactions not listed on MLS, users can utilize the parcel ID number for the same purpose. If filling out the contract manually, one must enter the address and legal description by hand. The tutorial emphasizes attention to these details for accuracy in the contract process.
