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How to fill out the STANDARD FORM REAL ESTATE CONTRACT - Ct-mls.com online
Filling out the Standard Form Real Estate Contract is a crucial step in the process of purchasing or selling residential property. This guide provides a clear and detailed walkthrough to assist users in completing the form accurately and efficiently.
Follow the steps to complete the form effectively.
- Click the ‘Get Form’ button to access the contract and open it in the form editor.
- Fill in the 'Seller(s)' section with the names and addresses of the individuals or entities selling the property.
- Complete the 'Buyer(s)' section by entering the names and addresses of the individuals or entities purchasing the property.
- Provide the complete address of the property being sold in the 'Real Property Address' field.
- List any personal property to be included in the sale in the designated section, and specify any items that are to be excluded.
- Enter the total purchase price in the 'Purchase Price' section, breaking it down into categories such as initial deposit, additional deposit, and mortgage proceeds as necessary.
- If applicable, fill in the 'Mortgage Financing Contingency' section with the details of the mortgage agreement, including amounts and the term.
- Indicate the proposed closing date in the respective field.
- Review the 'Attorneys' Review' clause to ensure both parties understand their rights to consult with legal counsel.
- Complete the inspection contingency details by checking the relevant inspections to be conducted and providing necessary dates.
- Make sure all signatures of both Buyer(s) and Seller(s) are acquired at the end of the contract. This ensures proper execution of the agreement.
- After filling out the form, save your changes, and choose to download, print, or share the completed contract as needed.
Complete your documents online today for a smoother transaction experience.
In contract law, a contract of sale, sales contract, sales order, or contract for sale is a legal contract for the purchase of assets (goods or property) by a buyer (or purchaser) from a seller (or vendor) for an agreed upon value in money (or money equivalent).
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