Massachusetts Standard Form Purchase And Sale Agreement

State:
Massachusetts
Control #:
MA-P033-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package contains the forms that are necessary for sellers and purchasers to enter into a legally binding obligation to sell and purchase real property at the expiration of or during a lease term. In a lease purchase agreement, a party agrees to purchase a particular piece of real property within a certain timeframe, usually at a price determined beforehand. With this package, you will find the essential forms to assist you in successfully entering into and executing a commitment to purchase or sell real property. The documents in this package include the following:


1) Contract for Lease and Mandatory Purchase of Real Estate-Specific Performance Clause;


2) Contract for Lease and Purchase of Real Estate- Purchase by Date or Leave;


3) Personal Guaranty of Contract for the Lease and Purchase of Real Estate; and


4) Residential Real Estate Sales Disclosure Statement.


Purchase this package and save up to 30% over purchasing the forms separately!


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FAQ

The seller's agent or attorney will draft the Purchase and Sale Agreement (P&S). This is the more binding legal document that is the official contract to purchase the home.

How to Draft a Sales ContractIdentity of the Parties/Date of Agreement. The first topic a sales contract should address is the identity of the parties.Description of Goods and/or Services. A sales contract should also address what is being bought or sold.Payment.Delivery.Miscellaneous Provisions.Samples.

Your sale and purchase agreement should include the following:Your name(s) and the names of the seller(s).The address of the property.The type of title (for example, freehold or leasehold).The price.Any deposit you must pay.Any chattels being sold with the property (for example, whiteware or curtains).More items...

To obtain a sale and purchase agreement you'll need to contact your lawyer or conveyancer or a licenced real estate professional. You can also purchase printed and digital sale and purchase agreement forms online.

How do I complete an offer to purchase?The buyer's details.The commission owed to the agent of the estate or broker as agreed upon by the parties involved.The occupation date this refers to when the seller is expected to vacate and buyer moves to occupy the property.More items...?

Interesting Questions

More info

A standard form agreement is used in most residential real estate transactions in Massachusetts. The Massachusetts purchase agreement is recognized as the premier legal form for selling or purchasing a home.9. Possession And Condition Of Premises. Use this form to change or amend terms of the Purchase and Sale agreement after it has been signed. STANDARD FORM. If you have a contract question, please consult your Broker or a licensed Attorney.

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Massachusetts Standard Form Purchase And Sale Agreement