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okay so thank you for those in attendance for our vacant land contract training so this contract is used in many different facets but the most basic application is for residential home Lots without a property without a home constructed on it without any type of major living structure if theres a living structure you would go back to the as is contract if theres a garage or a storage space or something along those lines it can go on the vacant land contract the vacant land contract would also apply if there is a trailer or RV on the property that will be coming with the land purchase so that is the most common application of this vacant land contract but it can be also used on much larger capacities like commercial land acres and acres of agricultural all of that can apply to the vacant land contract which just gets a little bit more detailed as it pertains to feasibility studies you know thats the vacant land term for inspection period as well as the additional terms and title requ