Valley County Contract for Deed Form (Idaho)

The following Idaho and Valley 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 Valley County. The executed documents should then be recorded in the following office:

Local jurisdictions located in Valley County include:

• Cascade
• Donnelly
• Lake Fork
• Mccall
• Yellow Pine

In Idaho, a Contract for Deed is typically used in real estate transactions where the buyer cannot obtain traditional financing, or the seller and buyer prefer an alternative arrangement for transferring property ownership. The contract allows the buyer to take possession of the property while making payments to the seller over time, but the seller retains the legal title until the purchase price is fully paid.

This Form includes Financing options, traditional installment payments or with a balloon payment if applicable.

LATE CHARGE additional charge when a payment is delinquent.

NON-SUFFICIENT FUNDS: Fees for bad checks.

IN ADDITION TO ANY OTHER REMEDIES available to the Lender if this Note is not paid in full at the Maturity Date, Borrowers shall pay to Lender an Overdue Loan Fee

RIGHT TO PREPAY. Buyer has the right to prepay

Use this form for residential, a condominium, rental property, vacant land, a Planned Unit Development and small commercial property

Key Considerations:
Statute of Frauds Compliance: Under Idaho law, certain agreements must be in writing to be enforceable. Specifically, contracts for the sale of real property or interests therein are required to be in writing. This is outlined in Idaho Code §9-505, which states that agreements for the sale of real property must be in writing and signed by the party to be charged.

IDAHO LEGISLATURE: Property Condition Disclosure: Idaho's Property Condition Disclosure Act mandates that sellers of residential property provide a disclosure form to buyers. This form details the property's condition and must be completed and delivered to the buyer within ten days of accepting the buyer's offer. This requirement applies to various transfer methods, including installment sale contracts.

A contract with stringent default terms can be beneficial to the seller in the case of default. For use in Idaho only.

Our Promise

The documents you receive here will meet, or exceed, the Valley County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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Get your Valley 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.

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