Rhode Island Sample Letter for Confirmation of Purchase Agreement

• Category: Letters - Nonlegal - Confirmation
• State: Multi-State
• Control #: US-0296LR
• Format: Word; Rich Text

Description

Sample Letter for Confirmation of Purchase Agreement

[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, ZIP] Subject: Confirmation of Purchase Agreement — [Property Address] Dear [Recipient's Name], I hope this letter finds you in good health and high spirits. I am writing to confirm our purchase agreement regarding the property located at [Property Address] in Rhode Island. This letter serves as an official confirmation of the terms and conditions we have mutually agreed upon. Firstly, I would like to express my sincere appreciation and gratitude for your professionalism and assistance throughout the purchase process. Your expertise and guidance have made this experience smooth and hassle-free. To summarize our agreement, as discussed and negotiated, I hereby confirm the following important terms: 1. Property Details: — Property Address: [Property Address— - Legal Description: [Provide the accurate legal description, if available] 2. Purchase Price: — The agreed purchase price of the property is $[Purchase Price]. — The payment will be made according to the payment schedule outlined in the Purchase Agreement. 3. Closing Date and Time: — The closing of this purchase agreement will take place on [Closing Date]. — Please inform me of the exact time and location of the closing. 4. Contingencies: — [Specify any contingencies or conditions agreed upon, e.g., financing, property inspection, or any other relevant contingencies]. 5. Other Agreed Terms: — [List any other important agreed-upon terms, such as property repairs or specific warranties]. 6. Seller Representations: — The seller represents that they have valid and marketable title to the property and that no other undisclosed liens or encumbrances exist. Please consider this letter as the official confirmation of our purchase agreement. If there are any discrepancies or changes needed, kindly notify me in writing within [number of days] from the date of this letter. In accordance with the terms of the Purchase Agreement, I have enclosed a check for the earnest money deposit of $[Amount], which will be held in an escrow account until the closing of the transaction. I look forward to continuing to work with you and your team to complete the necessary paperwork and legal formalities promptly to ensure a successful closing. Should the need arise, I am happy to provide any additional information or documentation required from my end. Thank you once again for your professionalism and support. I am excited about the forthcoming purchase and the opportunity to own the property at [Property Address]. Together, let's make this a seamless and enjoyable transaction. Please sign and date a copy of this letter as confirmation of your agreement with its contents and return it to me at your earliest convenience. This will further ensure that our purchase agreement is legally binding. Should you have any questions or concerns, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Thank you for your time and attention. Sincerely, [Your Name] Enclosure: — Check for Earnest MoneDepositsi— - Copy of Purchase Agreement (or relevant documents) Keywords: Rhode Island, sample letter, confirmation, purchase agreement, property, terms and conditions, purchase price, closing date, contingencies, seller representations, earnest money deposit.