Purchase And Sale Agreement Form South Carolina

State:
South Carolina
Control #:
SC-P033-PKG
Format:
PDF; 
Word; 
Rich Text
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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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  • Preview South Carolina Lease Purchase Agreements Package
  • Preview South Carolina Lease Purchase Agreements Package
  • Preview South Carolina Lease Purchase Agreements Package
  • Preview South Carolina Lease Purchase Agreements Package

How to fill out Purchase And Sale Agreement Form South Carolina?

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FAQ

Among the terms typically included in the agreement are the purchase price, the closing date, the amount of earnest money that the buyer must submit as a deposit, and the list of items that are and are not included in the sale.

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...

The statute requires that the disclosure statement include information on: (1) the water supply and sanitary sewage disposal system; (2) the roof, chimneys, floors, foundation, basement, and other structural components; (3) the plumbing, electrical, heating, cooling, and other mechanical systems; (4) past or present,

What Should I Include in a Sales Contract?Identification of the Parties.Description of the Services and/or Goods.Payment Plan.Delivery.Inspection Period.Warranties.Miscellaneous Provisions.

These conditions will include the closing date, purchase price, financing terms, and expiration date by which both parties must agree to the conditions. Ownership of the property can only be transferred legally if both the seller and buyer agree to the prescribed terms and sign the contract.

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The South Carolina purchase and sale agreements may be used to transfer a property from one party to another. If you have a contract question, please consult your Broker or a licensed Attorney.The seller must deliver the disclosure form to the buyer or their agent before completing the purchase and sale agreement. A Purchase and Sale Agreement is a contract for the sale of land. A real estate purchase agreement (a.k.a. A Real Estate Purchase Agreement is a contract that outlines the terms and conditions of a residential property sale.

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Purchase And Sale Agreement Form South Carolina