{"id":122,"date":"2009-07-10T10:24:40","date_gmt":"2009-07-10T14:24:40","guid":{"rendered":"http:\/\/www.dev.atiqbd.com\/homeowners-insurance-under-land-contract\/"},"modified":"2009-07-10T10:24:40","modified_gmt":"2009-07-10T14:24:40","slug":"homeowners-insurance-under-land-contract","status":"publish","type":"post","link":"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract","title":{"rendered":"Do I Need Homeowner&#8217;s Insurance if I Sell My House Via Land Contract?"},"content":{"rendered":"<p>Selling a house via Land Contract or Contract for Deed allows the seller to finance the purchase price on behalf of the buyer. The seller maintains a financial interest in the home until the buyer pays off the Land Contract fully.<\/p>\n<p>The question of insurance comes into play when the property detailed in the land contract is under mortgage with the seller, and not owned outright by the seller. <!--more--><\/p>\n<p>If the property is owned outright with no title or mortgage restrictions, it is solely a decision of the seller as to whether or not homeowner&#8217;s insurance should be secured. Obviously, it is safe to have such insurance.<\/p>\n<p>However, if the property is still under mortgage between the seller and a loan holder, we suggest the seller carefully read the mortgage contract. In nearly all instances, the mortgage company or loan holder can immediately collect the balance due on a mortgage if the minimum required insurance is not in place.<\/p>\n<p>Find complete details on <a title=\"Standard Legal's Land Contract Legal Forms Software\" href=\"https:\/\/shop.standardlegal.com\/product\/land-contract-legal-forms-software\/\">Standard Legal&#8217;s Land Contract legal forms software<\/a> here.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Selling a house via Land Contract or Contract for Deed allows the seller to finance the purchase price on behalf of the buyer. The seller maintains a financial interest in the home until the buyer pays off the Land Contract fully. The question of insurance comes into play when the property detailed in the land &#8230; <a title=\"Do I Need Homeowner&#8217;s Insurance if I Sell My House Via Land Contract?\" class=\"read-more\" href=\"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract\" aria-label=\"Read more about Do I Need Homeowner&#8217;s Insurance if I Sell My House Via Land Contract?\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-122","post","type-post","status-publish","format-standard","hentry","category-land-contract-questions"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Do I Need Homeowner&#039;s Insurance if I Sell My House Via Land Contract? - Ask Standard Legal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Do I Need Homeowner&#039;s Insurance if I Sell My House Via Land Contract? - Ask Standard Legal\" \/>\n<meta property=\"og:description\" content=\"Selling a house via Land Contract or Contract for Deed allows the seller to finance the purchase price on behalf of the buyer. The seller maintains a financial interest in the home until the buyer pays off the Land Contract fully. The question of insurance comes into play when the property detailed in the land ... Read more\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract\" \/>\n<meta property=\"og:site_name\" content=\"Ask Standard Legal\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/StandardLegalSoftware\" \/>\n<meta property=\"article:published_time\" content=\"2009-07-10T14:24:40+00:00\" \/>\n<meta name=\"author\" content=\"Standard Legal\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@StandardLegal\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Standard Legal\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/homeowners-insurance-under-land-contract#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/homeowners-insurance-under-land-contract\"},\"author\":{\"name\":\"Standard Legal\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#\\\/schema\\\/person\\\/d43d72c05d7716823188aa03d9f96525\"},\"headline\":\"Do I Need Homeowner&#8217;s Insurance if I Sell My House Via Land Contract?\",\"datePublished\":\"2009-07-10T14:24:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/homeowners-insurance-under-land-contract\"},\"wordCount\":187,\"publisher\":{\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#organization\"},\"articleSection\":[\"Land Contract Questions\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/homeowners-insurance-under-land-contract\",\"url\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/homeowners-insurance-under-land-contract\",\"name\":\"Do I Need Homeowner's Insurance if I Sell My House Via Land Contract? - Ask Standard Legal\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#website\"},\"datePublished\":\"2009-07-10T14:24:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/homeowners-insurance-under-land-contract#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/homeowners-insurance-under-land-contract\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/homeowners-insurance-under-land-contract#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Do I Need Homeowner&#8217;s Insurance if I Sell My House Via Land Contract?\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#website\",\"url\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/\",\"name\":\"Ask Standard Legal\",\"description\":\"Ask a Legal Question for FREE! Read Hundreds of Law Q&amp;A Topics.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#organization\",\"name\":\"Standard Legal\",\"url\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/09\\\/Waving-American-Flag.jpg\",\"contentUrl\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/wp-content\\\/uploads\\\/2015\\\/09\\\/Waving-American-Flag.jpg\",\"width\":954,\"height\":375,\"caption\":\"Standard Legal\"},\"image\":{\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#\\\/schema\\\/logo\\\/image\\\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.standardlegal.com\\\/blog\\\/#\\\/schema\\\/person\\\/d43d72c05d7716823188aa03d9f96525\",\"name\":\"Standard Legal\",\"description\":\"Standard Legal helps everyday people handle common legal issues on their own in an affordable way.\",\"sameAs\":[\"http:\\\/\\\/www.StandardLegal.com\",\"https:\\\/\\\/www.facebook.com\\\/StandardLegalSoftware\",\"http:\\\/\\\/www.linkedin.com\\\/company\\\/standard-legal\",\"https:\\\/\\\/x.com\\\/StandardLegal\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Do I Need Homeowner's Insurance if I Sell My House Via Land Contract? - Ask Standard Legal","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract","og_locale":"en_US","og_type":"article","og_title":"Do I Need Homeowner's Insurance if I Sell My House Via Land Contract? - Ask Standard Legal","og_description":"Selling a house via Land Contract or Contract for Deed allows the seller to finance the purchase price on behalf of the buyer. The seller maintains a financial interest in the home until the buyer pays off the Land Contract fully. The question of insurance comes into play when the property detailed in the land ... Read more","og_url":"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract","og_site_name":"Ask Standard Legal","article_author":"https:\/\/www.facebook.com\/StandardLegalSoftware","article_published_time":"2009-07-10T14:24:40+00:00","author":"Standard Legal","twitter_card":"summary_large_image","twitter_creator":"@StandardLegal","twitter_misc":{"Written by":"Standard Legal","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract#article","isPartOf":{"@id":"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract"},"author":{"name":"Standard Legal","@id":"https:\/\/www.standardlegal.com\/blog\/#\/schema\/person\/d43d72c05d7716823188aa03d9f96525"},"headline":"Do I Need Homeowner&#8217;s Insurance if I Sell My House Via Land Contract?","datePublished":"2009-07-10T14:24:40+00:00","mainEntityOfPage":{"@id":"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract"},"wordCount":187,"publisher":{"@id":"https:\/\/www.standardlegal.com\/blog\/#organization"},"articleSection":["Land Contract Questions"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract","url":"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract","name":"Do I Need Homeowner's Insurance if I Sell My House Via Land Contract? - Ask Standard Legal","isPartOf":{"@id":"https:\/\/www.standardlegal.com\/blog\/#website"},"datePublished":"2009-07-10T14:24:40+00:00","breadcrumb":{"@id":"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.standardlegal.com\/blog\/homeowners-insurance-under-land-contract#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.standardlegal.com\/blog\/"},{"@type":"ListItem","position":2,"name":"Do I Need Homeowner&#8217;s Insurance if I Sell My House Via Land Contract?"}]},{"@type":"WebSite","@id":"https:\/\/www.standardlegal.com\/blog\/#website","url":"https:\/\/www.standardlegal.com\/blog\/","name":"Ask Standard Legal","description":"Ask a Legal Question for FREE! Read Hundreds of Law Q&amp;A Topics.","publisher":{"@id":"https:\/\/www.standardlegal.com\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.standardlegal.com\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.standardlegal.com\/blog\/#organization","name":"Standard Legal","url":"https:\/\/www.standardlegal.com\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.standardlegal.com\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/www.standardlegal.com\/blog\/wp-content\/uploads\/2015\/09\/Waving-American-Flag.jpg","contentUrl":"https:\/\/www.standardlegal.com\/blog\/wp-content\/uploads\/2015\/09\/Waving-American-Flag.jpg","width":954,"height":375,"caption":"Standard Legal"},"image":{"@id":"https:\/\/www.standardlegal.com\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.standardlegal.com\/blog\/#\/schema\/person\/d43d72c05d7716823188aa03d9f96525","name":"Standard Legal","description":"Standard Legal helps everyday people handle common legal issues on their own in an affordable way.","sameAs":["http:\/\/www.StandardLegal.com","https:\/\/www.facebook.com\/StandardLegalSoftware","http:\/\/www.linkedin.com\/company\/standard-legal","https:\/\/x.com\/StandardLegal"]}]}},"_links":{"self":[{"href":"https:\/\/www.standardlegal.com\/blog\/wp-json\/wp\/v2\/posts\/122","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.standardlegal.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.standardlegal.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.standardlegal.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.standardlegal.com\/blog\/wp-json\/wp\/v2\/comments?post=122"}],"version-history":[{"count":0,"href":"https:\/\/www.standardlegal.com\/blog\/wp-json\/wp\/v2\/posts\/122\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.standardlegal.com\/blog\/wp-json\/wp\/v2\/media?parent=122"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.standardlegal.com\/blog\/wp-json\/wp\/v2\/categories?post=122"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.standardlegal.com\/blog\/wp-json\/wp\/v2\/tags?post=122"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}