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4. CLOSING DATE: Unless modified by other provisions of this Contract, the closing ... releasing Buyer and Seller from all further obligations under this Contract.

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How to fill out the Residential Contract, FARBAR-4.pdf online

Filling out the Residential Contract, FARBAR-4.pdf can seem daunting, but with clear guidance, you can navigate through the form with confidence. This guide provides step-by-step instructions to help you complete the document online accurately and efficiently.

Follow the steps to successfully complete your Residential Contract online.

  1. Click ‘Get Form’ button to access the Residential Contract, FARBAR-4.pdf and open it in your preferred online editor.
  2. Begin filling in the 'Parties' section. Clearly indicate the names of the Seller and Buyer in the designated fields.
  3. Proceed to the 'Property Description' section. Enter the street address, city, zip code, and county of the property being sold, along with any additional required property information.
  4. In the 'Purchase Price and Closing' section, fill in the total purchase price, initial deposit, and other relevant financial information, ensuring all monetary values are in U.S. currency.
  5. Complete the 'Closing Date' field by specifying the date by which the transaction will be finalized, based on the agreed-upon conditions of the contract.
  6. Fill in the 'Financing' section if applicable. Specify the type of financing being used and any loan commitments necessary for the purchase.
  7. Continue with the 'Closing Costs' section. Specify the costs that will be covered by both the Buyer and Seller, including any title insurance and survey fees.
  8. Review 'Disclosures' regarding radon gas, permits, mold, and flood zones. Acknowledge that you have received the necessary information.
  9. In the 'Escrow Agent' section, enter the name of the escrow agent responsible for handling funds during the transaction.
  10. Finalize the form by signing and dating in the designated areas at the end of the document for both the Seller and Buyer.
  11. Once you have filled in all required fields, review your entries for accuracy. Save your changes, and you can then download, print, or share the completed form as needed.

Start filling out your Residential Contract online now to ensure a smooth real estate transaction.

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An “as-is” residential contract for sale and purchase is a contract a buyer and seller sign that stipulates that the seller will not pay for any repairs. With a conventional sale, there is usually room for negotiations regarding payment for repairs.

“FAR” stands for the Florida Association of Realtors (who have since shortened their name to Florida Realtors). Meanwhile “Bar” refers to the Florida Bar Association. The Far Bar contract is a standardized form for residential sale and purchase that was developed and approved by both of these entities jointly.

Appraisal Contingency This contingency requires that the buyer obtain, at his or her expense, a written appraisal of the property from a Florida-licensed appraiser. If this contingency is placed in the contract, the value of the appraisal must meet a certain minimum amount, as specified and agreed upon in the contract.

Navigation5 Essential Contract Clauses to Have on Hand “As Is” Clause. The “As Is” Clause is used by sellers to avoid having to disclose latent defects with the property. ... Home Sale Contingency. ... “Bump Out” Clause. ... Escalation Clauses. ... Backup Offer Clause.

What is the Florida FAR-BAR Contract? The Florida FAR-BAR contract is a 'standard form agreement' created by 'The Florida Bar' and 'Florida Association of Realtors'. The Florida FAR-BAR agreement is used in the sale of real estate in Florida.

Two are Florida Realtors/Florida Bar contracts(FR/Bar), the standard Residential Contract for Sale and Purchase and the “AS IS” version, and one is the Florida Realtors Contract for Residential Sale and Purchase (CRSP).

Required Elements of a Real Estate Contract To establish legality, a real estate contract must include a legal purpose, legally competent parties, agreement by offer and acceptance, consideration, and consent.

In Florida, real estate sold 'as is' means it's sold in the current condition. If the buyer inspects the property and notices a huge problem or the seller informs them of a potential problem, then the seller need not worry. The seller will not need to make repairs, regardless of their severity.

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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