Buyer's Notice of Intent to Vacate and Surrender Property to Seller under Contract for Deed - Pennsylvania 2026

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Buyer's Notice of Intent to Vacate and Surrender Property to Seller under Contract for Deed - Pennsylvania Preview on Page 1

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the Seller's name and address in the designated fields. This ensures that the notice is directed correctly.
  3. Next, fill in your name as the Purchaser along with your address. This identifies you as the party intending to vacate.
  4. Specify the property address related to the Contract for Deed. This is crucial for clarity regarding which property is being surrendered.
  5. Indicate the number of days you intend to provide notice before vacating. This should comply with any contractual obligations.
  6. Sign and date the document at the bottom. Ensure your printed name is also included for verification purposes.

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Instead of purchasing a home with a mortgage, the buyer agrees to directly pay the seller in monthly installments. The buyer is able to occupy the home after the closing of the sale, but the seller still retains legal title to the property. Actual ownership passes to the buyer only after the final payment is made.
A contract for deed (sometimes called an installment purchase contract or installment sale agreement) is a real estate transaction in which the purchase of the property is financed by the seller rather than a third party such as a bank, credit union or other mortgage lender.
Under a land contract, the buyer obtains possession, but the seller retains legal title until the terms of the contract have been satisfied.

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A contract for deed is a form of seller financing of real estate where a seller agrees to accept installment payments from the buyer instead of a lump sum payment. The seller is known as the vendor and the buyer is known as the vendee.
(b) If the seller fails to record the contract or the memorandum of the contract as required by subsection (a) of this Section, the buyer has the right to rescind the contract until such time as the seller records the contract.
The seller keeps the legal title to the property until the buyer pays the contract price in full.

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