Seller's Disclosure of Financing Terms for Residential Property in connection with Contract or Agreement for Deed a/k/a Land Contract - Mississippi 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 first section, ensuring accuracy as this is crucial for both parties.
4. Next, specify the interest rate charged under the contract. If it's variable, provide an estimate of the dollar amount of interest that will be charged over the term.
5. Complete the total amount of principal and interest to be paid under the contract. This gives a clear picture of financial obligations.
6. Indicate any late charges that may apply if payments are not made on time.
7. Lastly, confirm that no prepayment penalty will be charged if the purchaser pays off the contract early.
8. Ensure all signatures are collected from both seller and purchaser along with their printed names and dates.

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