This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
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US-00418
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This document outlines the terms and conditions of the sale, including the purchase price, contingencies, financing details, and closing date. An Illinois residential purchase agreement is a legally binding contract between the buyer and seller of a residential property.Always insist that buyers submit their offers in writing and that they include a pre-approval letter from a lender (or proof of funds if the offer is in cash). Contract of Exchange Form 8042 - Free download as PDF File (.