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When closing a seller-financed real estate deal using a land contract, it's essential to complete the land contract document, also known as a contract for deed. This document outlines all terms and conditions for both the buyer and seller throughout the loan's duration. The process can be intimidating for many, and it is often advisable to have an attorney review the details and prepare the necessary documents. However, in simpler transactions, such as selling a vacant lot for a low price, the deal may not require extensive legal assistance, making it manageable without professional help.