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

1. Click ‘Get Form’ to open it in the editor.
2. Begin by entering the property address where indicated. This is essential for identifying the specific property involved in the transaction.
3. Next, input the purchase price of the property in the designated field. Ensure this amount reflects the agreed-upon price between seller and purchaser.
4. Fill in the interest rate charged under the contract. If applicable, clarify whether this rate is fixed or variable.
5. Provide either the total dollar amount of interest charged over the term of the contract or an estimate if using a variable interest rate.
6. Calculate and enter the total amount of principal and interest that will be paid under the contract.
7. Indicate any late charges that may be assessed under the contract, if applicable.
8. Finally, confirm that no prepayment penalties will be charged if purchasers decide to pay off their contract early. Sign and date where required.

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