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When closing a seller-financed real estate deal using a land contract, it's crucial to complete the land contract document, also known as a contract for deed. This document outlines the terms and conditions both the buyer and seller must follow for the duration of the loan. While preparing these documents can be intimidating, it’s often advisable to have an attorney review the information, especially for complex transactions. However, in simpler cases, such as selling a vacant lot at a low price, the process may be less complicated and may not necessitate extensive legal involvement.