This Contract is for the sale of a residence or multi-family dwelling where the sellers are to finance a portion of the purchase price or the buyer is to pay cash.
Michigan Contract for the Sale and Purchase of Real Estate - No Broker - Seller Financing or All Cash - Residential
Category:
State:
Multi-State
Control #:
US-00472A
Format:
Word;
Rich Text
Instant download
Description
Free preview
How to fill out Contract For The Sale And Purchase Of Real Estate - No Broker - Seller Financing Or All Cash - Residential?
If you want to acquire, obtain, or produce valid document templates, use US Legal Forms, the premier repository of legal forms available online.
Utilize the site's user-friendly and convenient search feature to find the forms you need.
A range of templates for business and personal purposes are categorized by types and states, or by keywords.
Step 4. Once you have located the form you require, click the Get now button. Choose your preferred payment plan and enter your details to register for an account.
Step 5. Process the payment. You can use your credit card or PayPal account to complete the transaction.
- Use US Legal Forms to access the Michigan Contract for the Sale and Purchase of Real Estate - No Broker - Seller Financing or All Cash - Residential in just a few clicks.
- If you are already a US Legal Forms user, Log In to your account and hit the Download button to acquire the Michigan Contract for the Sale and Purchase of Real Estate - No Broker - Seller Financing or All Cash - Residential.
- You can also access forms you have previously saved in the My documents section of your account.
- If you are using US Legal Forms for the first time, follow these steps.
- Step 1. Ensure that you have selected the form for the correct area/region.
- Step 2. Use the Preview option to review the content of the form. Don’t forget to read the description.
- Step 3. If you are not satisfied with the form, utilize the Search bar at the top of the screen to find other versions of the legal form template.
Form popularity
FAQ
Among the terms typically included in the agreement are the purchase price, the closing date, the amount of earnest money that the buyer must submit as a deposit, and the list of items that are and are not included in the sale.
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...
To obtain a sale and purchase agreement you'll need to contact your lawyer or conveyancer or a licenced real estate professional. You can also purchase printed and digital sale and purchase agreement forms online.
Michigan disclosure laws require a seller to disclose what is personally known about the home, including any imperfections. This could include things like lead-based paint, water damage, hazardous conditions, pest damage, past repairs, past insurance claims, etc.
This advice is perhaps well intentioned but it is wrong, at least under current Michigan law. The baseline standard is still buyer beware. The Act modifies this standard; it does not reverse it into a seller's confessional act.
What is her responsibility relative to property disclosures? She must obtain the completed Seller's Disclosure Statement, provide it to Luis, and review it with him. Jared is interested in purchasing a property in Michigan. Janelle, the real estate salesperson acting as Jared's agent, is employed by broker Mitchell.
If you're a buyer or seller looking for a sale and purchase agreement, you'll need to contact your lawyer or conveyancer, a licensed real estate professional or the Auckland District Law Society (ADLS). You can also purchase digital sale and purchase agreement forms online.
5 tips for selling your home without a realtor in MichiganMake minor repairs. Small upgrades and repairs can do a lot to sway potential buyers.Price your Michigan home competitively.Stage and market your home.Prepare for showings.Negotiate for the best possible price.
While some states have specifically addressed whether or not sellers must disclose whether a property is "stigmatized" (by death, murder, infectious disease, and so forth), Michigan has not. The disclosure statement instead generally limits disclosures to the physical condition of the property.
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...?