This form is a Contract for the Sale and Purchase of Commercial Real Estate. The form requires information such as: property condition, earnest money, taxes pro ration and utilities. The form provides that the seller has agreed to sell and the buyer will purchase the property described in the form. This contract also contains a contingency for purchase based upon the sale of another property owned by the buyer.
Arkansas Contract for the Sale and Purchase of Real Estate - No Broker - Commercial Lot or Land
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State:
Multi-State
Control #:
US-00472C
Format:
Word;
Rich Text
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How to fill out Contract For The Sale And Purchase Of Real Estate - No Broker - Commercial Lot Or Land?
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How to Fill Out a Residential Purchase AgreementPlace the name(s) of the seller(s) on the contract.Write the date of the offer on the agreement.Add the purchase price to the contract.Include a request for the seller to provide a clear title and deed for the property.More items...
The simple purchase agreement template serves to protect the buyer and seller. It is a form that documents an agreement so that each party ensures fair treatment during the transaction. The document template allows for the ease in creation of a complex document.
Any purchase agreement should include at least the following information:The identity of the buyer and seller.A description of the property being purchased.The purchase price.The terms as to how and when payment is to be made.The terms as to how, when, and where the goods will be delivered to the purchaser.More items...?
However, there are some basic items that should be included in every purchase agreement.Buyer and seller information.Property details.Pricing and financing.Fixtures and appliances included/excluded in the sale.Closing and possession dates.Earnest money deposit amount.Closing costs and who is responsible for paying.More items...?
How to Write a Business Purchase Agreement?Step 1 Parties and Business Information. A business purchase agreement should detail the names of the buyer and seller at the start of the agreement.Step 2 Business Assets.Step 3 Business Liabilities.Step 4 Purchase Price.Step 6 Signatures.
How to write a real estate purchase agreement.Identify the address of the property being purchased, including all required legal descriptions.Identify the names and addresses of both the buyer and the seller.Detail the price of the property and the terms of the purchase.Set the closing date and closing costs.More items...
5 tips for selling your home without a realtor in ArkansasMake minor repairs. Small upgrades and repairs can do a lot to sway potential buyers.Price your Arkansas home competitively.Stage and market your home.Prepare for showings.Negotiate for the best possible price.
Any purchase agreement should include at least the following information:The identity of the buyer and seller.A description of the property being purchased.The purchase price.The terms as to how and when payment is to be made.The terms as to how, when, and where the goods will be delivered to the purchaser.More items...?
Follow these steps to write an LOI for an intended commercial real estate transaction:Structure it like a letter.Write the opening paragraph.State the parties involved.Draft a property description.Outline the terms of the offer.Include disclaimers.Conclude with a closing statement.