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How to fill out the REGIONAL SALES CONTRACT - Laura Biederman Long & Foster online
Filling out the Regional Sales Contract can seem daunting, but this guide offers step-by-step instructions to help you complete the form accurately and efficiently. Follow these instructions to ensure that all components of the contract are properly filled out online.
Follow the steps to complete the Regional Sales Contract online.
- Click ‘Get Form’ button to obtain the form and open it in the online editor.
- Enter the contract date at the top of the form. This is the date on which both parties agree to the contract terms.
- Fill in the details of the purchaser and seller by entering their names and contact information in the designated fields.
- Provide the property details. This includes the tax map/ID number, legal description, address, and any specific features of the property like unit number and parking space.
- Complete the jurisdictional addendum if necessary, indicating whether the property is located in the District of Columbia, Maryland, or Virginia.
- Input the sales price and financing details, including down payment amounts and descriptions of any financing terms (e.g., conventional loan, FHA).
- Include deposit information, specifying the amount of the deposit and the escrow agent responsible for holding these funds.
- Fill out the settlement details, confirming the settlement date and agent. Ensure all parties are informed about their responsibilities regarding the settlement.
- Address property maintenance and condition expectations. Note any inspections or contingencies related to the property's condition.
- Review and sign the document. Ensure that all parties provide their initials and signatures where required, confirming their agreement.
- After completing all sections, save changes, download a copy for your records, or share the contract with the necessary parties.
Complete your Regional Sales Contract online today to streamline your real estate transaction!
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