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

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. If uncertain, an estimate is acceptable.
6. Complete the total amount of principal and interest to be paid under the contract, ensuring all calculations are correct.
7. If there are any late charges that may be assessed, detail them in the appropriate section.
8. Finally, confirm that no prepayment penalty will be charged if full payment is made before the scheduled date.
9. Sign and date where indicated, ensuring both seller and purchaser signatures are included for validity.

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