Offer To Purchase Land Form Alberta
Description
How to fill out Offer To Purchase Vacant Unimproved Land?
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FAQ
An offer to purchase (OTP) is the document governing the sale agreement of a property between the buyer and seller. It is a legally binding contract, so it is important to take your time and complete it accurately.
Your offer must include: your legal name, the name of the seller and the address of the property. the amount you're offering to pay (the purchase price) and the amount of your deposit. any extra items you want included in the purchase (for example, window coverings) the date you want to take possession (closing day)
The address of the home you want to buy. Your name and the name of anyone else who will be on the house title with you, such as a spouse. The amount of money you want to offer for the home. Any contingencies the home needs to meet before the sale goes through, such as a successful inspection.
You will need to talk to the real estate agent about how they are receiving offers on the property, with the common approaches being: Put your offer in writing in an email; Take a verbal offer over the phone; Fill out a form; Complete an 'expression of interest'; Complete the 'contract of sale'.
How to draft a purchase agreement Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.
