In this contract, seller agrees to sell and to convey to buyer and the buyer agrees to purchase from seller certain property described in the contract. The contract also states that the monthly payments, interest rates and other terms of some loans may be adjusted by the lender at or after closing. The contract also contains a section entitled Broker Information and Ratification of Fee? which states that the listing broker will pay the other broker a certain percentage of the total sales price when the listing brokers fee is received.
Texas resale form for title transfer is a necessary document used in the state of Texas when transferring ownership of a titled asset, such as a vehicle or a mobile home, from one party to another. This form is an essential part of the transaction process, ensuring that the transfer is legal and properly recorded. The Texas Department of Motor Vehicles (DMV) provides different types of resale forms, specifically tailored for various types of title transfers. These different forms are designed to meet specific requirements and criteria depending on the nature of the transfer. Some key resale forms used in Texas for title transfer include: 1. Texas Vehicle Resale Certificate (Form 14-312): This resale form is commonly used when transferring ownership of a motor vehicle. It establishes that the buyer intends to resell the vehicle and is exempt from paying sales tax at the time of purchase. The form must be completed accurately and signed by both the seller and buyer. 2. Texas Mobile Home Resale Certificate (Form 50-285): This resale form is specifically used for transferring the title of a mobile home. It verifies that the buyer is purchasing the mobile home with the intention to resell it. The form requires detailed information about the mobile home, including serial numbers, make, model, and other pertinent details. 3. Texas Boat and Outboard Motor Resale Certificate (Form 14-313): This resale form is applicable when transferring ownership of a boat or an outboard motor. It certifies that the buyer intends to resell the vessel, making them exempt from paying sales tax. The form must be accurately completed and signed by both parties involved in the transfer. It is essential to select the appropriate resale form based on the type of asset being transferred. These forms are readily available on the DMV website or can be obtained from local tax offices or county clerk's offices. Completing the resale form accurately and ensuring all required information is provided is crucial to ensure a smooth and legal title transfer process in Texas.
