Buyer's Notice of Intent to Vacate and Surrender Property to Seller under Contract for Deed - Georgia 2025

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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 identifies the party you are notifying.
  3. Next, fill in your name as the Purchaser along with your address. This ensures clarity on who is surrendering the property.
  4. Specify the property address that is subject to the Contract for Deed. This is crucial for legal identification.
  5. Indicate the number of days after this notice that you intend to vacate. This informs the Seller of your timeline.
  6. Sign and date the document at the bottom. Your signature confirms your intent and agreement to surrender the property.

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Under Georgia law, all these agreements are treated synonymously. When a seller of real estate agrees to finance some or all of the purchase price to the buyer, he may use a contract for deed.
Even if the contract goes by a different name, like bond for deed, land installment contract, or buying on contract, the idea is the same: a purchase made on an installment plan rather than through a traditional mortgage loan.
Just as there are benefits, there are also some potential downsides to a contract for deed: The seller keeps the legal title to the property until the buyer pays the contract price in full. If the buyer defaults on the contract, he or she can lose all money paid.
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A deed is similar to a simple contract as it is a commitment by a party (or parties) to do something. Commonly they include deeds of assignment or deeds of trust and in some cases are a necessary transaction formality.

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