Updated July 28, 2023
A Texas land contract establishes terms binding the parties in a sale of vacant land. The parties, a seller and a buyer, must utilize this contract to record the ownership transfer’s binding terms, such as the agreed-upon price and applicable financial provisions. Moreover, the document must contain the legal description of the land/lot, which is to be written as it appears on the property deed for recording purposes. The parties shall sign the contract after hammering out all the details through mutual negotiations. At the time of closing stipulated on the contract, the seller will transfer the deed to the new owner and receive any funds due at signing.
Other Versions (3)
Texas Real Estate Commission Version (Unimproved Land)
Download: PDF
Texas Real Estate Commission Version (Farm and Ranch)
Download: PDF
Texas Assoc. of REALTORS Version (Commercial Unimproved Land)
Download: PDF
Related Forms
Residential Purchase Agreement
Download: PDF, MS Word, OpenDocument
Download: PDF, MS Word, OpenDocument