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The tutorial explains how to fill out a vacant land contract, noting that it's similar to a traditional as-is contract, with some differences. It emphasizes the importance of entering the legal names of the buyer and seller at the top of the contract. If the contract is imported from the MLS, the legal description and address are included automatically. For properties not listed on the MLS, users can use the parcel ID number to import necessary details via transaction desk. If filling out the contract by hand, users should manually enter the address and legal description. The video likely continues with other contract elements, including the purchase price.
