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Seller's Disclosure of Financing Terms for Residential Property in connection with Contract or Agreement for Deed a/k/a Land Contract - Alaska

a Land Contract - Alaska 2026

Seller's Disclosure of Financing Terms for Residential Property in connection with Contract or Agreement for Deed a/k/a Land Contract - Alaska Preview on Page 1

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The document is a Seller's Disclosure Notice that outlines the financing terms for a Contract for Deed regarding a property. It includes details such as the purchase price, interest rate, estimated interest charges, total principal and interest, any late charges, and the absence of prepayment penalties. The document requires signatures from both the seller and purchaser.

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Click ‘Get Form’ to open it in the editor.
Begin by entering the property address in the designated field at the top of the form.
Fill in the purchase price of the property in the corresponding section.
Specify the interest rate charged under the contract in the next field.
Provide either the dollar amount of interest charged for the term of the contract or an estimate if it's variable.
Indicate the total amount of principal and interest to be paid under the contract.
If applicable, state any late charge that may be assessed under the contract.
Confirm that no prepayment penalty will be charged if full payment is made before the scheduled date.
Finally, ensure all signatures are collected from both seller and purchaser along with their printed names and dates.

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What is a disclosure notice?

A disclosure statement, in a legal context, refers to a written document that provides important information about a particular transaction, agreement, or relationship between parties.

What is an example of disclosure?

An example of a disclosure clause Heres how a disclosure clause might appear in a contract: Each party represents and warrants that it has fully disclosed all material facts, liabilities, and risks relevant to this Agreement.

What is the most commonly used type of disclosure in real estate?

Most Common Disclosures in Real Estate Natural Hazards Disclosure. First on the list is the natural hazards disclosure. Market Conditions Advisory (MCA) Market Conditions Advisory, also known as MCA, covers items more financial in nature. State Transfer Disclosure. Local Transfer Disclosure. Megans Law Disclosures.

Whats the difference between seller financing and contract for deed?

With land contracts, sellers retain the property title until you complete all payments, while seller financing typically transfers the title immediately despite the seller acting as your lender.

What is the statute 34.70 in Alaska?

AS 34.70. 010 requires that before a Transferee/Buyer (hereafter referred to as Buyer) makes a written offer of residential real property, the Transferor/Seller (hereafter referred to as Seller) must deliver a completed written disclosure form. This disclosure statement is in compliance with AS 34.70.

What is disclosed on the sellers disclosure notice?

Sellers in California must disclose, in writing, a long list of specific types of disclosures, including: A standard disclosure statement that includes anything related to the condition of the property, like HVAC, gutters, appliances, windows, sump pumps, garage doors and more.

What are the rules for sellers disclosure in Texas?

A sellers disclosure is a form that residential property sellers in Texas must complete to provide potential buyers with honest information about the condition of the property. The seller must disclose details such as: Any issues or damage to the property. Past incidents like flooding.

What is the sellers disclosure and condition of property addendum?

A sellers disclosure is a real estate document that provides details about a propertys condition and how it might negatively impact the value of the home. It is often required by law, though what it needs to contain can vary by state and locality.

Seller's Disclosure of Financing Terms for Residential Property in connection with Contract or Agreement for Deed a/k/a Land Contract - Alaska 2026

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