Closure Any Property Formula In Pima

State:
Multi-State
County:
Pima
Control #:
US-00447BG
Format:
Word
Instant download

Description

The Agreement for the Sale and Purchase of Residential Real Estate serves as a formal contract between sellers and buyers, outlining the terms and conditions for the transaction of specified property in Pima. This form includes essential details such as property description, purchase price, deposit information, and closing date. Users must fill in specific information regarding down payments, mortgage contingencies, and any special liens. It is important for users to understand the implications of breaching the contract and to recognize that earnings may be forfeited under certain circumstances. The form also includes provisions for the condition of the property, including the handling of repairs and adjustments prior to closing. Key features of this form include clear sections for inputting financial details, the expectation for earnest money deposits, and contingency clauses related to financing and property condition. It is especially useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate transactions, as it simplifies the legal intricacies related to property sales and ensures all parties are aware of their obligations and rights. To effectively use this form, users are advised to carefully fill out each section while consulting legal advice if uncertain about specific terms. Overall, this agreement provides a structured framework for a transparent and fair real estate transaction.
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  • Preview Agreement for the Sale and Purchase of Residential Real Estate
  • Preview Agreement for the Sale and Purchase of Residential Real Estate
  • Preview Agreement for the Sale and Purchase of Residential Real Estate
  • Preview Agreement for the Sale and Purchase of Residential Real Estate

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FAQ

Type 1: Treatment by a septic tank and dispersal field only. Type 2: Treatment that produces an effluent consistently containing less than 45 mg/L of total suspended solids and having a five-day biochemical oxygen demand of less than 45 mg/L.

All septic installations must comply with the Arizona Administrative Code (AAC) R18-9-A314 for on-site wastewater treatment facilities. Homeowners must acquire a permit from the Arizona Department of Environmental Quality (ADEQ) or county health department, perform a soil evaluation, and aptly plan the system.

Did you know that this inspection is required by Arizona law and cannot be waived by the buyer, seller, real estate agents, loaning agency, or title company?

All septic installations must comply with the Arizona Administrative Code (AAC) R18-9-A314 for on-site wastewater treatment facilities. Homeowners must acquire a permit from the Arizona Department of Environmental Quality (ADEQ) or county health department, perform a soil evaluation, and aptly plan the system.

Age: At least one property owner must be the minimum qualifying age of 65 at the time of application. Residence: The property must be the owner(s) primary residence.

Property Owner Assistance Programs The Senior Valuation Protection Program, as established by the Arizona Constitution and administered by the Pima County Assessor's Office, is designed to freeze the limited property value (the taxable value) of a primary residence owned by qualifying seniors.

Pima County sales tax details The minimum combined 2025 sales tax rate for Pima County, Arizona is 11.1%. This is the total of state, county, and city sales tax rates.

The property owner must be 65 or older. Property must be the owner's primary residence. Owner must have resided in the residence for at least two years. Property owner's annual income must be under $35,184 if one owner or under $43,980 if there are two or more owners.

Property tax rates in Pima County are the second highest of any county in Arizona. The average effective property tax rate in Pima County is 0.84%. That is higher than the state average, and the typical Pima County homeowner pays $2,161 annually in property taxes, which is also above average statewide.

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Closure Any Property Formula In Pima