This form is a contract for a lease and a manadatory purchase of real estate. Seller demises and leases to purchaser and purchaser takes and rents from seller certain real property described in the form. Purchaser agrees not to use or permit the use of the property for an illegal purpose. An auction, fire or going out of business or bankruptcy sale, may not be conducted in the property without prior written consent of the seller.
Types Of Clauses In Real Estate In Maricopa
State:
Multi-State
County:
Maricopa
Control #:
US-00120
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Word;
Rich Text
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FAQ
Acceleration Clause Acceleration clauses are typically found in a trust deed or mortgage that specifies the total debt amount is due immediately in cases when the borrower breaks or defaults on the terms specified in their contract.
A clause is a group of words that contains both a subject and a predicate. Charlie runs. There's a subject; there's a predicate. It's a clause. Charlie eats a shoe.
The habendum clause is a clause in deed or lease contracts that defines the lessee's rights, types of interest, and other details of ownership. Consisting of basic legal language, they are included in real estate and mineral rights agreements to provide a clear understanding of the contractual terms.
In real estate contracts, there are contract clauses that outline the terms of the agreement and responsibilities of each party. The contract clauses address all aspects of the sale terms and are legally binding once both parties sign the document.
Buying or selling a property is complex enough, but when there's an occupancy clause attached, the legal process can become even more intricate. Occupancy clauses, often placed on rural or specialized properties, restrict who can live or work on the property, typically to support local community needs.
In real estate contracts, there are contract clauses that outline the terms of the agreement and responsibilities of each party. The contract clauses address all aspects of the sale terms and are legally binding once both parties sign the document.
Property classified as Legal Class 4.1 is not listed as a registered rental but still does not receive the State Aid to Education Tax Credit. An example of a property in Legal Class 4.1 is a secondary home.
You can record a document in-person, by mail, or electronically. Your document must be an ORIGINAL or government-issued CERTIFIED copy to be accepted for recording.
Legal Classes: 3.2 - Primary Residence of a qualified family member. 3.3 Primary Residence also leased or rented to lodgers. 4.1 - Non-Primary Residence. 4.2 - Residential Rental.
Filing a Will or Probate Case The Probate Filing Counter is located at 201 W. Jefferson in Phoenix, or at our Southeast location, 222 E. Javelina in Mesa, or at our Northwest Regional Court Center location at 14264 W.