I’d like a legal professional to review some documents related to:
1. Purchase of Real Estate
2. Installment Sale (of beneficial interest of land trust)
3. Supporting documents for both.
Contracts should adhere to the laws of Ohio state.
Specific goals I have include:
1. Wrap mortgage financing addendum to allow for a seller financed payout higher than his loan balance
2. Structuring of the installment sale contract to allow for eviction as remedy, instead of foreclosure, on real property held by the trust, in the case of default.
I will supply the “main” documents and request edits to them. You may supply or create addendums and other support documents as needed.
I’m looking for documents to be used in Ohio state. I need review and editing of the following:
Self written:
Non-Exclusive Option to Purchase: https://docs.google.com/document/d/1r_Hu6eMGEhzFrU2BypYFdbjsiK7YHo4Pw07ad6zNFIM/edit?usp=sharing
Purchase and Sale Agreement: https://docs.google.com/document/d/1ZSIMESAR0au92OoEngUetBjw-WFwjWEDfZTiBBz_7bk/edit?usp=sharing
Taken from an online template:
Ohio Declaration of Trust: https://docs.google.com/document/d/1rkDeWfwYgc_Xa74DxYpuRm6zSEggcqwQ/edit?usp=sharing&ouid=107250462458076240600&rtpof=true&sd=true
Authorization to Release Info: https://docs.google.com/document/d/1U-1Wa1niZ5-l4e_DGMi_U_ZjynrT4w_4/edit?usp=sharing&ouid=107250462458076240600&rtpof=true&sd=true
, look forward to seeing your work! Ideally you could keep the language soft and un-intimidating even if it raises risk of disclarity or lowers absolute protection a bit. I don’t want to scare people off.