US Legal Forms
Louisiana Commercial Property Sales Package

Louisiana Commercial Property Sales Package

Category:

Real Estate - Commercial

State:

Louisiana

Control #:

LA-P021-PKG

Format:

Instant download

Description

With this Commercial Property Sales Package, you will find many of the forms that are part of closing a commercial real estate transaction.

Included in your package are the following forms:

1. A Contract for the Sale and Purchase of a Commercial Lot or Land without a Broker;

2. A Option for the Sale and Purchase of a Commercial Building;

3. A Option for the Sale and Purchase of a Commercial Lot or Land;

4. An Addendum for Environmental Assessment of Threatened or Endangered Species or Wetlands;

5. An Addendum for Continued Marketing of Property by Seller due to Contingencies;

6. An Exchange Addendum to Contract for Tax Free Exchange under Section 1031;

7. A Tax Free Exchange Agreement pursuant to Section 1031; and

8. A Fixed Rate Promissory Note Secured by Commercial Real Estate.

Purchase this package and save up to 30% over purchasing the forms separately!

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FAQ

At the top of the page, you should center the title between the left- and right-hand margins. Title your document something like Purchase and Sale Agreement or Agreement to Purchase Real Estate. Identify the parties to the sale. You need to identify the purchaser and the seller at the start of your agreement.

The names and addresses of both the seller and buyer. The offered purchase price and address of the property. The settlement date when the buyer intends to pay and obtain the title. Details of how you wish to pay the deposit, whether it be cash or by transfer.

Know Your Needs. The first step in an effective negotiation is to have a firm grasp on what you need out of the lease or sale. Set Budget Beforehand. Now that you have a general idea of what you're looking for, it's time to set a budget. Due Diligence. Making an Offer. Treat All Parties With Respect.

Figure Out Your Goal for the Project. Create a Property Level Financial Model for the Deal. Create a Model Based on Your Proposed Deal Structure With Your Investor. Adjust Your Proposed Structure So That the Deal Would Make Sense for You to Do.

1 Access The Desired Real Estate Template To Record A Purchase Agreement. 2 Introduce The Agreement, Seller, Buyer, And Concerned Property. 3 Define The Basic Terms Of The Real Estate Purchase. 4 Record Any Property The Buyer Must Sell To Complete This Purchase.

Expiration date of the offer. Purchase price. Initial deposit. Down payment amount. Financing terms. Required home inspection. Contingencies. Warranties.

An introduction paragraph: a brief sentence or two stating what the letter's purpose is. Involved parties, including the buyer's and seller's names and contact information. A property description, including the address and possibly the legal description.

The Person Liable for the Lease. Your Business Structure. How Long You Have Been in Business. The Nature of Your Business. Contact Information. Your Proposed Terms (or, Counter Offer) The Length of the Lease. Condition of the Property.

Declare your offer. Express your interest in making an offer to the estate agent or seller, and don't be afraid to go below the asking price. Make a list. Do the paperwork. Sign and wait.

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