With this Commercial Property Sales Package, you will find many of the forms that are part of closing a commercial real estate transaction.
Included in your package are the following forms:
1. A Contract for the Sale and Purchase of a Commercial Lot or Land without a Broker;
2. A Option for the Sale and Purchase of a Commercial Building;
3. A Option for the Sale and Purchase of a Commercial Lot or Land;
4. An Addendum for Environmental Assessment of Threatened or Endangered Species or Wetlands;
5. An Addendum for Continued Marketing of Property by Seller due to Contingencies;
6. An Exchange Addendum to Contract for Tax Free Exchange under Section 1031;
7. A Tax Free Exchange Agreement pursuant to Section 1031; and
8. A Fixed Rate Promissory Note Secured by Commercial Real Estate.
Purchase this package and save up to 30% over purchasing the forms separately!
Legal property real, also known as real property, refers to the legal rights and interests one holds in land, buildings, and other fixed structures. It encompasses both the land itself and any improvements made on it, such as houses, commercial buildings, or infrastructure. Real property encompasses a wide range of ownership rights and legal actions associated with land and its use. There are several types of legal property real: 1. Residential property: This type of real property refers to houses, apartments, condos, or any dwellings used primarily for residential purposes. Residential properties are often owned by individuals or families and can be occupied by owners or rented out to tenants. 2. Commercial property: Commercial real estate refers to properties used for business purposes, such as offices, retail spaces, warehouses, or industrial facilities. These properties are usually owned by corporations, investors, or business entities and are leased or rented to generate income. 3. Agricultural property: Agricultural real estate includes lands used for agricultural purposes, such as farming, ranching, or cultivation of crops. These properties may also include farm buildings, storage facilities, or livestock enclosures. Agricultural property can be privately owned or owned by agricultural corporations. 4. Vacant land: This type of real property refers to undeveloped or unimproved land without any structures built on it. Vacant land can be used for various purposes, such as future development, farming, recreational activities, or conservation. 5. Industrial property: Industrial real estate includes properties used for manufacturing, production, or industrial activities. It may consist of factories, warehouses, distribution centers, or research facilities. These properties are often owned or leased by industrial companies or investors. 6. Natural resources: Legal property real may also include ownership rights to natural resources present on a property, such as oil, gas, minerals, or timber. These rights can be bought, sold, or leased separately from the land itself. 7. Mixed-use property: Mixed-use real estate refers to properties that combine multiple types of uses, such as residential, commercial, and/or industrial. These properties aim to create a cohesive environment where people can live, work, and access various amenities within one location. In conclusion, legal property real encompasses a broad spectrum of land and buildings, ranging from residential and commercial properties to agricultural land and natural resources. Each type of real property has its own specific legal rights, regulations, and potential uses. Owning real property often involves legal obligations, such as property taxes, maintenance, and adherence to zoning laws and building codes.
