Mercer County Installment Land Contract Form

Mercer County Installment Land Contract Form
Fill in the blank Installment Land Contract form formatted to comply with all Pennsylvania recording and content requirements.

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

Mercer County Completed Example of the Installment Land Contract Document
Example of a properly completed Pennsylvania Installment Land Contract document for reference.

Mercer County Residential Sellers Property Disclosure Statement
Required for residential property sales

Mercer County Installment Land Contract Form
Disclosure form issued to buyer if applicable, typically residential property built before 1978 requirements.

Mercer County Protect your family from lead based paint
If applicable issue to buyers.
All 6 documents above included • One-time purchase • No recurring fees
Additional Pennsylvania and Mercer County documents included at no extra charge:
Where to Record Your Documents
Recorder of Deeds - County Courthouse
Address:
109 Courthouse
Mercer, Pennsylvania 16137
Hours: Monday to Friday 8:30am - 4:30pm
Phone: (724) 662-3800
Recording Tips for Mercer County:
- Documents must be on 8.5 x 11 inch white paper
- Check that your notary's commission hasn't expired
- Recording fees may differ from what's posted online - verify current rates
- Have the property address and parcel number ready
Cities and Jurisdictions in Mercer County
Properties in any of these areas use Mercer County forms:
- Carlton
- Clark
- Clarks Mills
- Farrell
- Fredonia
- Greenville
- Grove City
- Hadley
- Hermitage
- Jackson Center
- Jamestown
- Mercer
- Sandy Lake
- Sharon
- Sharpsville
- Sheakleyville
- Stoneboro
- Transfer
- West Middlesex
- Wheatland
How do I get my forms?
Forms are available for immediate download after payment. The Mercer 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 Mercer County?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Mercer 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 Mercer 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 Mercer County?
Recording fees in Mercer County vary. Contact the recorder's office at (724) 662-3800 for current fees.
Have other questions? Contact our support team
Section 903 - Definitions; application of act
((a) As used in this act: (1) "Installment land contract" includes every executory contract for the purchase and sale of a dwelling situate in any city of the first class or county of the second class whereby the purchaser is obligated to make six or more installment payments to the seller after the execution of the contract and before the time appointed for the conveyance of title to the dwelling.)
This type of contract is used in several common applications:
1. Facilitating Home Purchases for Buyers with Poor Credit: Buyers who may not qualify for traditional mortgage financing due to poor credit history can use an installment land contract to purchase property. This allows them to improve their credit over time while making regular payments.
2. Providing Flexibility in Payment Terms: The terms of an installment land contract can be tailored to meet the needs of both the buyer and the seller. This includes the length of the contract, the amount of the down payment, and the schedule of payments.
3. Real Estate Investment: Investors can use installment land contracts to acquire properties with minimal upfront capital. They can then improve or lease the properties while making installment payments.
4. Transferring Property within Families: Families often use installment land contracts to transfer property between relatives. This method can be more flexible and less costly than traditional financing methods.
5. Selling Hard-to-Finance Properties: Sellers with properties that may not qualify for conventional financing due to condition or other factors can sell their properties using installment land contracts.
6. Retirement or Estate Planning: Older property owners can use installment land contracts to sell their property and receive a steady income stream during retirement, while still maintaining some control over the property until the contract is fulfilled.
7. Commercial Real Estate Transactions: Installment land contracts can be used for commercial properties, allowing businesses to acquire property with flexible financing arrangements.
8. Land Purchases: These contracts are commonly used for purchasing undeveloped land where traditional financing options may be limited.
9. Avoiding Foreclosure: Sellers facing foreclosure might opt for an installment land contract to quickly sell their property and avoid the negative impacts of foreclosure on their credit.
10. Tax Advantages: Sellers may benefit from certain tax advantages by spreading the capital gains over several years instead of realizing them all at once.
This Contract can be used for residential property, rental property, condominiums, vacant land and planned unit developments. It offers traditional installment payments with or without a balloon payment. A contract with stringent default terms can be beneficial in case of a default.
Important: Your property must be located in Mercer County to use these forms. Documents should be recorded at the office below.
This Installment Land Contract meets all recording requirements specific to Mercer County.
Our Promise
The documents you receive here will meet, or exceed, the Mercer 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 Mercer County Installment 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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