Agreement Sell Property Without Broker

• Category: Partnerships - Real Estate
• State: Multi-State
• Control #: US-13265BG
• Format: Word; Rich Text

Description

The Agreement to Sell Real Property Owned by Partnership to One of the Partners is a legal document designed for Partners within a partnership who want to sell property without the involvement of a broker. This form outlines the terms of the sale, including the identification of all involved parties, the description of the property, and the payment terms, which can be structured into monthly installments. Users must fill in specific details such as names, addresses, the sale price, and the payment schedule, ensuring clarity and mutual understanding. This form is particularly useful for Attorneys and Legal Assistants when structuring property transactions among Partners, as it provides a clear framework for negotiations and terms agreed upon by all parties. It can also serve as a reference for Owners and Associates who are part of the partnership and looking to manage property sales directly without outside agents. The form requires signatures for validation, which reinforces the commitment of all parties involved and ensures legal recognition. Overall, the Agreement facilitates a smooth transaction process by clearly establishing the rights and responsibilities of each Partner regarding the sale.