Ohio Land Contract Template

Disclaimer

The material provided is intended solely as a general example for informational purposes. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in real estate or property transactions within the state. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.

Please note: This is a sample Ohio Land Contract template. Wording may vary slightly depending on specific circumstances and legal requirements. Adapt as necessary for your particular case.

Ohio Land Contract Sample

Parties Involved:

Seller: Robert Johnson
Address: 789 Maple Street, Columbus, OH 43215

Buyer: Emily Davis
Address: 321 Oak Avenue, Columbus, OH 43216

Description of the Property:

The property subject to this contract is located at 789 Maple Street, Columbus, OH 43215, including all improvements, fixtures, and appurtenances thereto.

Purchase Price and Payment Terms:

The total purchase price shall be $50,000. Buyer agrees to pay $5,000 upon signing this contract as earnest money, with the remaining balance payable in monthly installments of $1,000 over 45 months, commencing on ____________, ending on ____________.

Title and Possession:

Seller agrees to convey marketable title free of encumbrances upon full payment. Possession of the property shall transfer to Buyer upon execution of this agreement and receipt of the initial payment.

Seller’s Obligations:

Seller warrants that the property is free from liens and encumbrances at closing and shall provide necessary documents to transfer title upon full payment.

Buyer’s Obligations:

Buyer agrees to make timely payments, maintain the property, and cover property taxes, insurance, and assessments as agreed.

Default and Remedies:

In case of default by Buyer, Seller may retain all payments made as liquidated damages and terminate the contract. Buyer may pursue legal remedies as provided by Ohio law.

Additional Provisions:

• Both parties agree to conduct all transactions in compliance with Ohio statutes.
• This contract may only be modified in writing signed by both parties.
• Any notices shall be sent to the addresses listed above.

Columbus, Ohio, ______________________