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An exclusive right-to-sell agreement gives an agency the exclusive right to market and sell the property, and they are entitled to collect a commission regardless of who actually sells the home.
A Louisiana residential purchase and sale agreement is a template contract used for selling livable property from one party to another. The duties and obligations of both parties are outlined in the document, including the agreed purchase price and buying conditions, financing options, and any additional closing costs.
The original of this agreement must be delivered to the listing broker's firm. However, any additional addendums or other changes will all be considered one with the agreement. This includes photocopies, faxes, and other electronic transmissions.
At its most basic, a purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.
Line 53 - All Cash Sale. This simply means what it says, that the Buyer has or will have at closing, cash to close the sale. This cash must be delivered to the closing attorney as ?good funds? as discussed above.
A purchase and sale agreement is used to document the parties' intentions and the terms they have agreed will govern the transaction.
A purchase and sale agreement, or PSA, is a document that is written up and signed after a buyer and seller mutually agree on the price and terms of a real estate transaction.
§ 2941. " A bond for deed is a contract to sell real property, in which the purchase price is to be paid by the buyer to the seller in installments and in which the seller after payment of a stipulated sum agrees to deliver title to the buyer.