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

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How to use or fill out Seller's Disclosure of Financing Terms for Residential Property in connection with Contract or Agreement for Deed a/k/a Land Contract - Rhode Island

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  1. Click ‘Get Form’ to open it in the editor.
  2. Begin by entering the property address in the designated field at the top of the form.
  3. Fill in the purchase price of the property in the corresponding section, ensuring accuracy as this is a critical component.
  4. Next, specify the interest rate charged under the contract. If applicable, provide an estimate for variable rates.
  5. Indicate the total dollar amount of interest charged for the term of the contract. This may require calculations based on your interest rate and payment schedule.
  6. Complete the total amount of principal and interest to be paid under the contract, which should reflect all financial obligations.
  7. If there are any late charges, document them in their respective field. Be clear about any conditions that apply.
  8. Finally, confirm that no prepayment penalty will be charged if full payment is made before due dates, and sign where indicated.

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