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When closing a seller-financed real estate deal using a land contract (also known as a contract for deed), it's essential to complete the land contract document, which details the terms and conditions for both the buyer and seller throughout the loan's duration. This process can be intimidating, and it's often advisable for an attorney to review and prepare all necessary documents. However, for simpler transactions, such as selling a vacant lot at a low price, the complexity may be minimal, allowing for a more straightforward approach without extensive legal intervention.