Mississippi Contract for the Sale and Purchase Of Real Property
County Specific Legal Forms Validated as recently as May 7, 2026 by our Forms Development Team
About the Mississippi Contract for the Sale and Purchase Of Real Property
How to Use This Form
- Select your county from the list on the left
- Download the county-specific form
- Fill in the required information
- Have the document notarized if required
- Record with your county recorder's office
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A "CONTRACT FOR THE SALE AND PURCHASE OF REAL PROPERTY" in some states referred to a Land Contract or Contract for Deed is a written legal agreement used to purchase real estate; it is typically used in owner/seller financing.
This form can be used for traditional monthly installments or a balloon payment, which is common with seller financing, (example: three years payments with a balloon payment of $ ______. Or 15 years payment of $______) etc.)
LATE CHARGE: Any above noted payment which is at least days past due, shall be subject to a late charge of $ And an additional $ per day until the payment is received. If any balloon payment is late, it shall be subject to a late fee of $ per day.
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, which fee shall be due at the time this Note is otherwise paid in full. The "Overdue Loan Fee" shall be determined based upon the outstanding principal balance of this Note as of the Maturity Date and shall be:
(a) one percent (1.0%) Of such principal balance if the Note is paid in full on or after thirty (30) days after the Maturity Date but less than sixty (60) days after the Maturity Date, or
(b) two percent (2.0%) of such principal balance if the Note is paid in full on or after sixty (60) days after the Maturity Date.
A contract with stringent default terms can be beneficial to seller.
(Mississippi Contract for Sale Package includes form, guidelines, and completed example) For use in Mississippi only.
How to Use This Form
- Select your county from the list above
- Download the county-specific form
- Fill in the required information
- Have the document notarized if required
- Record with your county recorder's office
What Others Like You Are Saying
"The major problem is too expensive, particularly sometime, only few words need to file correction de…"
"Easy to access and reasonable pricing, thank you deeds.com!"
"Accurate and informative, great site for deed forms."
"Way overpriced But serves the Purpose."
"No complaints"
Common Uses for Contract for the Sale and Purchase Of Real Property
- Sell property to a buyer who does not qualify for traditional financing
- Document the terms of a private real estate sale between buyer and seller
- Provide public notice of a land contract to protect the buyer
- Provide public notice that a buyer holds an equitable interest in real property
- Establish a contract for deed for commercial property
Compare other Mississippi deed forms and documents
Important: County-Specific Forms
Our contract for the sale and purchase of real property forms are specifically formatted for each county in Mississippi.
After selecting your county, you'll receive forms that meet all local recording requirements, ensuring your documents will be accepted without delays or rejection fees.