Lipscomb County Contract for Deed Form (Texas)
All Lipscomb County specific forms and documents listed below are included in your immediate download package:
Contract for Deed Form
![Lipscomb County Contract for Deed Form](https://www.deeds.com/forms/texas/contract-for-deed/1684326683F64365_sample.png)
Fill in the blank form formatted to comply with all recording and content requirements.
Included Lipscomb County compliant document last validated/updated 6/26/2024
Contract for Deed Guidelines
![Lipscomb County Contract for Deed Guidelines](https://www.deeds.com/forms/texas/contract-for-deed/1575398326F66194_sample.png)
Line by line guide explaining every blank on the form.
Included Lipscomb County compliant document last validated/updated 3/5/2024
Completed Example of the Contract for Deed
![Lipscomb County Completed Example of the Contract for Deed](https://www.deeds.com/forms/texas/contract-for-deed/1575398376F58591_sample.png)
Example of a properly completed form for reference.
Included Lipscomb County compliant document last validated/updated 3/14/2024
Property Disclosure Form
![Lipscomb County Property Disclosure Form](https://www.deeds.com/forms/texas/contract-for-deed/1684326741F26657_sample.png)
Fill in the blank form
Included Lipscomb County compliant document last validated/updated 5/17/2024
Annual Accounting Statement Form
![Lipscomb County Annual Accounting Statement Form](https://www.deeds.com/forms/texas/contract-for-deed/1574273366F73778_sample.png)
As required by Texas Property Code.
Included Lipscomb County compliant document last validated/updated 7/17/2024
Demand for Payment
![Lipscomb County Demand for Payment](https://www.deeds.com/forms/texas/contract-for-deed/1684327333F96181_sample.png)
Use for payments past due, if needed.
Included Lipscomb County compliant document last validated/updated 6/13/2024
The following Texas and Lipscomb County supplemental forms are included as a courtesy with your order:
When using these Contract for Deed forms, the subject real estate must be physically located in Lipscomb County. The executed documents should then be recorded in the following office:
Lipscomb County Clerk
101 S. Main St / P.O. Box 70, Lipscomb, Texas 79056
Hours: Monday - Friday 8:30am - 5:00pm
Phone: 806-862-3091
Local jurisdictions located in Lipscomb County include:
- Booker
- Darrouzett
- Follett
- Higgins
- Lipscomb
How long does it take to get my forms?
Forms are available immediately after submitting payment.
How do I get my forms, are they emailed?
Immediately after you submit payment, the Lipscomb County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.
What does "validated/updated" mean?
This indicates the most recent date when at least one of the following occurred:
- Updated: The document was updated or changed to remain compliant.
- Validated: The document was examined by an attorney or staff, or it was successfully recorded in Lipscomb County using our eRecording service.
Are these forms guaranteed to be recordable in Lipscomb County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lipscomb County including margin requirements, content requirements, font and font size requirements.
Can the Contract for Deed forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Lipscomb County that you need to transfer you would only need to order our forms once for all of your properties in Lipscomb County.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Texas or Lipscomb County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
What type of files are the forms?
All of our Lipscomb County Contract for Deed forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
Contract for Deed also known as a Land Contract
Use for Seller financing of a home, condominium, rental property (up to 4 units), planned unit development, and land.
Financing can be conventional installment payments or installments followed by a balloon payment. This is often used with owner financing. 3 years of payments followed by a balloon payment. This gives the buyer time to build equity and credit. Buyer has the right to prepay any additional sums to reduce the principal at any time without penalty.
This form includes the following as per [Texas Code 5.071-Seller's Disclosure of Financing Terms]
[(1) the purchase price of the property;
(2) the interest rate charged under the contract;
(3) the dollar amount, or an estimate of the dollar amount if the interest rate is variable, of the interest charged for the term of the contract;
(4) the total amount of principal and interest to be paid under the contract;
(5) the late charge, if any, that may be assessed under the contract; and
(6) the fact that the seller may not charge a prepayment penalty or any similar fee if the purchaser elects to pay the entire amount due under the contract before the scheduled payment date under the contract.]
Oral Agreements Prohibited.
(d) The seller shall include in a separate document or in a provision of the contract a statement printed in 14-point boldfaced type or 14-point uppercase typewritten letters that reads substantially similar to the following:
THIS EXECUTORY CONTRACT REPRESENTS THE FINAL AGREEMENT BETWEEN THE SELLER AND PURCHASER AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES. (Texas Property Code 5.072)
This form can also be used if there are one or more existing liens on the property, includes the warning statement:
WARNING: ONE OR MORE RECORDED LIENS HAVE BEEN FILED THAT MAKE A CLAIM AGAINST THIS PROPERTY AS LISTED BELOW. IF A LIEN IS NOT RELEASED AND THE PROPERTY IS CONVEYED WITHOUT THE CONSENT OF THE LIENHOLDER, IT IS POSSIBLE THE LIENHOLDER COULD DEMAND FULL PAYMENT OF THE OUTSTANDING BALANCE OF THE LIEN IMMEDIATELY. YOU MAY WISH TO CONTACT EACH LIENHOLDER FOR FURTHER INFORMATION AND DISCUSS THIS MATTER WITH AN ATTORNEY. (Texas Statute 5.016)
A purchaser has the right to cancel a contract without cause within 14 days after execution. This form contains this clause and the "Cancellation Notice" form.
(YOU, THE PURCHASER, MAY CANCEL THIS CONTRACT AT ANY TIME DURING THE NEXT TWO WEEKS. THE DEADLINE FOR CANCELING THE CONTRACT IS (date). THE ATTACHED NOTICE OF CANCELLATION EXPLAINS THIS RIGHT.) (Statute 5.074 Purchaser's Right to Cancel Contract Without Cause)
SELLER'S DISCLOSURE OF PROPERTY CONDITION form provided as per Texas Property Code Statute Sec. 5.069.
a written notice, which must be attached to the contract, informing the purchaser of the condition of the property that must, at a minimum, be executed by the seller and purchaser and read substantially similar to the following: (See Statute 5.069)
Annual Accounting Statement Form included
Yearly no later than January 31, seller must provide an accounting statement that includes
[(1) the amount paid under the contract;
(2) the remaining amount owed under the contract;
(3) the number of payments remaining under the contract;
(4) the amounts paid to taxing authorities on the purchaser's behalf if collected by the seller;
(5) the amounts paid to insure the property on the purchaser's behalf if collected by the seller;
(6) if the property has been damaged and the seller has received insurance proceeds, an accounting of the proceeds applied to the property; and
(7) if the seller has changed insurance coverage, a legible copy of the current policy, binder, or other evidence that satisfies the requirements of Section 5.070(a)(2)]. [Statute5.077 Annual Accounting Statement]
Oral Agreements Prohibited, this form includes the following clause as per statute.
(THIS EXECUTORY CONTRACT REPRESENTS THE FINAL AGREEMENT BETWEEN THE SELLER AND PURCHASER AND MAY NOT BE CONTRADICTED BY EVIDENCE OF PRIOR, CONTEMPORANEOUS, OR SUBSEQUENT ORAL AGREEMENTS OF THE PARTIES. THERE ARE NO UNWRITTEN ORAL AGREEMENTS BETWEEN THE PARTIES.) (Texas Property Code Statute 5.072)
Demand for Payment Form included.
This form itemizes all payments, fees, late charges due upon delinquency.
DEMAND IS MADE FOR PAYMENT OF THIS PAST DUE AMOUNT. IF PAYMENT IS NOT RECEIVED BY THE DEFAULT DATE. WE WILL PROCEED TO ENFORCE ANY OR ALL OF OUR RIGHTS AS APPLICABLE UNDER "SELLER'S REMEDY" (PAGE 5 SECTION 18 OF THE SUBJECT "CONTRACT FOR DEED" AND SHOWN ON THE SIGNATURE PAGE BELOW.
(Texas Contract for Deed Package includes forms, guidelines, and completed example)
Our Promise
The documents you receive here will meet, or exceed, the Lipscomb County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Lipscomb County Contract for Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
4.8 out of 5 - ( 4361 Reviews )
charles b.
July 21st, 2024
The product I needed was available, easy to download, access and complete. The instructions were very helpful. I had previously purchased another product which was terrible. I highly recommend Deeds.com
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
diana l.
July 19th, 2024
Easy to use & got my one question answered in less than 5 minutes! Excellence.
Your satisfaction with our services is of utmost importance to us. Thank you for letting us know how we did!
Cyrus A.
July 18th, 2024
Easy site to work with.
We are grateful for your feedback and looking forward to serving you again. Thank you!
Mary D.
March 29th, 2021
LOVE this site.. easy to use and very very quick to record
Thank you for your feedback. We really appreciate it. Have a great day!
Terrill M.
January 10th, 2020
Great forms and information
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
James C.
October 20th, 2022
was very helpfull, It provided the refernces to the stat laws so I coul have a deeper look into the issue I was trying to deal with.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Norma J H.
April 27th, 2022
Your forms have been very helpful. I thank you very much for making them easy to use.
Thank you for your feedback. We really appreciate it. Have a great day!
JANET D.
October 19th, 2019
was good choice for me but did not realize notary had to witness all 3 signatures at the same luckily had extra copy to be signed in her presence
Thank you!
Diane C.
April 19th, 2020
Website is very user friendly and provided a variety of forms to download for use
Thank you!
Tom L.
April 18th, 2019
An excellent service that I would be happy to use again.
Thank you for your feedback. We really appreciate it. Have a great day!
Della F.
May 30th, 2019
Always total satisfaction when information is needed. Request for information provided quickly from extremely knowledgeable and courteous personnel.
Thank you!
Shaaron Z.
August 29th, 2019
So far, this is working well. However, I don't see a form to change name due to marriage.
Thank you!
YU LI K.
December 27th, 2023
Very easy to find the document I need and easy to download
Your feedback is valuable to us and helps us improve. Thank you for sharing your thoughts!
Peter & Bonnie Higgins H.
July 29th, 2021
We were very pleased with the advice and forms provided. We were able to complete our special project. Just what we were looking for. I give you 41/2 stars
Thank you!
Muhamed H.
February 3rd, 2022
Nice!
Thank you!