Get Sample Purchase And Sale Agreement - Hudson & Marshall

Filling out the Sample Purchase And Sale Agreement for commercial real estate transactions can be straightforward with the right guidance. This guide provides step-by-step instructions to help users effectively complete the form online.

Follow the steps to accurately complete the agreement online.

1. Use the ‘Get Form’ button to securely access the Sample Purchase And Sale Agreement and open it in your preferred online platform.
2. Begin by filling in the parties involved in the transaction at the top section of the form. Enter the name of the Seller, PBEI Holdings, LLC, and provide your details as the Buyer, including your contact information.
3. In the 'Description of Property' section, clearly describe the property being sold, including the full address and any specific details mentioned in Exhibit 'A'. Ensure accuracy by cross-referencing with any provided documentation.
4. Specify the Purchase Price, which consists of the High Bid amount plus the Buyer's Premium, calculated at five percent. Input the exact numbers in their respective fields, clearly indicating the total Purchase Price.
5. Input the Earnest Money deposit amount in the corresponding section. This deposit indicates your sincere intent to purchase and will be applied to the cash portion of the Purchase Price at Closing.
6. Complete the Title section by indicating the chosen Title Company responsible for the Owner's Policy of Title Insurance. If not yet determined, you may leave this section blank or specify that it will be selected by Seller.
7. Review the disclosures and conditions regarding repairs, warranty disclaimers, and inspection reports. Initial where indicated to acknowledge understanding these terms.
8. Fill in the Closing Date, ensuring it is a day agreed upon by both Seller and Buyer, along with any necessary extensions specified if applicable.
9. Proceed to the signature section. Both parties must sign and date the agreement, verifying their acceptance and understanding of its terms.
10. Once the form is completed, save your changes and consider downloading, printing, or sharing the form via secure channels to all relevant parties.

Start filling out your Sample Purchase And Sale Agreement online today to ensure a smooth transaction process!