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Get Birmingham Association Of Realtors Sales Contract

GENERAL RESIDENTIAL SALES CONTRACT Form Approved by Birmingham Association of REALTORS, Inc. January 30, 2008, Reformatted April 2013 (Previous forms obsolete) Date: The undersigned Buyer(s) hereby.

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How to fill out the Birmingham Association Of Realtors Sales Contract online

Filling out the Birmingham Association Of Realtors Sales Contract is a crucial step in the home buying and selling process. This guide will walk you through the essential components and steps involved in completing the form online, ensuring a smooth transaction experience.

Follow the steps to complete the contract efficiently.

  1. Click ‘Get Form’ button to obtain the form and open it in the editor.
  2. Begin by entering the date at the top of the form, then fill in the names of the Buyer(s) and Seller(s) as they wish to take title to the property.
  3. Next, specify the address of the property, including city, county, and zip code, followed by the legal description and Parcel ID.
  4. Indicate the total purchase price of the property and the amount of earnest money to be held.
  5. Select the financing option being used by checking the applicable box, and fill in the loan details if financing is contingent.
  6. Fill in the closing and possession dates, ensuring accuracy for when the sale is expected to finalize and when the Buyer will take possession.
  7. Complete the section regarding earnest money and the default clauses, specifying the responsibilities of both Buyer and Seller.
  8. Sign the acknowledgments for the agency disclosure, ensuring correct representation is recorded for both parties.
  9. Address additional topics like hazard insurance and title insurance, signing off on any required inspections or warranties.
  10. Review all filled-out sections for accuracy. Once satisfied, save your changes, download the document, or print it for sharing.

Complete your Birmingham Association Of Realtors Sales Contract online today to ensure a smooth transaction.

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1 Purchase agreement. A purchase agreement is the most common type of real estate contract. ... 2 Lease agreement. A lease agreement is a type of real estate contract that governs the rental of a property. ... 3 Option agreement. ... 4 Land contract. ... 5 Assignment contract. ... 6 Here's what else to consider.

A buyer and seller can create a legally enforceable contract for the sale of properties in Alabama by using a real estate purchase agreement. The agreement's key clauses will be the purchase price, legal description, earnest money, effective date, and finance terms.

Earnest money is paid right after your offer on a home is accepted. How much earnest money should I expect to pay? In the Tuscaloosa market, earnest money is typically $1,000, but could be as little as $500 or as much as $5,000 for a luxury home. In some markets, earnest money is 1-5 percent of the purchase price.

If the contract, without allowable contingencies, has all the elements of a valid contract that are discussed above; you could be forced by law to honor the contract regardless. Having said that, most people will allow you to terminate a contract so long as you agree to accept the consequences.

The contract must be in writing and there must be an offer and an acceptance of said offer. In order for a real estate contract to be enforceable by law, it is required to be in writing. 2. The contract must have mutual assent and legal purpose.

A notice of assignment shall be in writing addressed to the buyer at the address shown on the contract and shall identify the contract and inform the buyer that he must, within 30 days of the date of mailing of the notice, notify the assignee in writing of any facts giving rise to a claim or defense which he may have.

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Fill Birmingham Association Of Realtors Sales Contract

Here, you'll find our Updated Forms that comply with the recent National Association of REALTORS® settlement. General Sales Contract - Page 1 of 9. Seller warrants that there is no unpaid indebtedness on the Property except as described in this Contract. These warranties shall survive the closing. Our MLS Leadership has carefully reviewed and finalized a set of documents that are now ready for distribution to all agents. The 2025 Alabama REALTORS® Legal Forms are here! We've made updates to all our forms, with a focus on ease of use for REALTORS® and consumers alike.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232
Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
Privacy Notice
Legal Hub
Content Takedown Policy
Bug Bounty Program
About Us
Blog
Affiliates
Contact Us
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate WorkFlow
DocHub
Instapage
Social Media
Call us now toll free:
+1 833 426 79 33
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232