Lake County Land Contract Form

Lake County Land Contract Form
Fill in the blank Land Contract form formatted to comply with all Ohio recording and content requirements.

Lake County Land Contract Guide
Line by line guide explaining every blank on the Land Contract form.

Lake County Completed Example of the Land Contract Document
Example of a properly completed Ohio Land Contract document for reference.

Lake County Residential Property Disclosure
Supplemental Form: Use if the subject property is residential.

Lake County Ohio Protect Your Home From Lead Based Paint
Supplemental: Use for Residential Disclosure if applicable.

Lake County Supplemental: Use for residential property built before 1978
Fill in the blank Land Contract form formatted to comply with all Ohio recording and content requirements.
All 6 documents above included • One-time purchase • No recurring fees
Immediate Download • Secure Checkout
Additional Ohio and Lake County documents included at no extra charge:
Where to Record Your Documents
Lake County Recorder
Painesville, Ohio 44077
Hours: 8:00 to 4:00 M-F
Phone: 440-350-2510 or (800) 899-LAKE (5253) Ext. 2510
Recording Tips for Lake County:
- Documents must be on 8.5 x 11 inch white paper
- Recorded documents become public record - avoid including SSNs
- Make copies of your documents before recording - keep originals safe
Cities and Jurisdictions in Lake County
Properties in any of these areas use Lake County forms:
- Eastlake
- Grand River
- Madison
- Mentor
- Painesville
- Perry
- Wickliffe
- Willoughby
Hours, fees, requirements, and more for Lake County
How do I get my forms?
Forms are available for immediate download after payment. The Lake County forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Lake County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lake County including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Lake County you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Lake County?
Recording fees in Lake County vary. Contact the recorder's office at 440-350-2510 or (800) 899-LAKE (5253) Ext. 2510 for current fees.
Questions answered? Let's get started!
An "Ohio Land Contract," also known as a “Land installment Contract”, is a form of seller financing used to purchase real estate. This arrangement is particularly useful for buyers who may not qualify for traditional mortgage financing from banks or other financial institutions. In Ohio, land contracts are governed by specific statutes that outline the rights and responsibilities of both the seller and the buyer.
Chapter 5313. of the OH. Revised Code (A) "Land installment contract" means an executory agreement which by its terms is not required to be fully performed by one or more of the parties to the agreement within one year of the date of the agreement and under which the vendor agrees to convey title in real property located in this state to the vendee and the vendee agrees to pay the purchase price in installment payments, while the vendor retains title to the property as security for the vendee's obligation. Option contracts for the purchase of real property are not land installment contracts.
Overview of an Ohio Land Contract
A land contract is essentially an agreement between a seller (vendor) and a buyer (vendee) where the seller provides the financing for the purchase of the property. Unlike a traditional real estate transaction where the buyer obtains immediate title to the property, a land contract allows the seller to retain legal title until the buyer fulfills the terms of the contract.
Key Features of an Ohio Land Contract
1. Payment Structure: The buyer agrees to make installment payments over a period, which usually includes interest. These installments are often structured similarly to a mortgage, with part of each payment reducing the principal balance and part going toward interest. Can be used for traditional installment payments or installments with a balloon payment. This contract includes late payment fees if applicable.
2. Possession and Equitable Title: The buyer takes possession on a set date and gains equitable title, meaning they have the right to obtain full legal title once all contractual conditions have been met.
3. Transfer of Title: The legal title remains with the seller until the full purchase price has been paid by the buyer. Once the buyer completes all payments, the seller is obligated to transfer legal title to the buyer.
4. What Is Default: For the purposes of this Land Contract, "default" shall mean any of the following events: (a) Failure by Purchaser to pay any installment payment or other monetary obligation owed to Seller when due, or (b) Failure by Purchaser to obey any other obligation under this Land Contract, or (c) if Purchasers rights under this Land Contract are taken away by operation of law.
5. Maintenance and Taxes: The buyer is typically responsible for maintaining the property and paying property taxes during the term of the contract, even though the legal title has not yet been transferred.
Use this form for residential, rental property, and condominiums. It is flexible to meet specific needs. For use in Ohio only.
Important: Your property must be located in Lake County to use these forms. Documents should be recorded at the office below.
This Land Contract meets all recording requirements specific to Lake County.
Our Promise
The documents you receive here will meet, or exceed, the Lake 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 Lake County Land Contract 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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