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When closing a seller-financed real estate deal with a land contract, it's crucial to complete the land contract document, also known as a contract for deed. This is the key loan document that outlines the terms and conditions for both the buyer and seller throughout the loan's duration. The process can be intimidating, and it's often advisable for an attorney to review the details and prepare the necessary documents. However, simpler transactions, such as selling a low-cost vacant lot, may not require extensive legal involvement due to their straightforward nature.