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Contract or Agreement to Make Exchange or Barter of Real Property for Personal Property

State:
Multi-State
Control #:
US-01330BG
Format:
Word; 
Rich Text
Instant download

Description

Bartering are agreements for the exchange of personal and real property are subject to the general rules of law applicable to contracts, and particularly to the rules applicable to sales of personal and real property. A binding exchange agreement is formed if an offer to make an exchange is unconditionally accepted before the offer has been revoked. Federal tax aspects of exchanges of personal property should be considered carefully in the preparation of an exchange agreement.


This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Contract or Agreement to Make Exchange or Barter of Real Property for Personal Property
  • Preview Contract or Agreement to Make Exchange or Barter of Real Property for Personal Property
  • Preview Contract or Agreement to Make Exchange or Barter of Real Property for Personal Property
  • Preview Contract or Agreement to Make Exchange or Barter of Real Property for Personal Property

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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.

Barter is an act of trading goods or services between two or more parties without the use of money or a monetary medium, such as a credit card.A simple example of a barter arrangement is a carpenter who builds a fence for a farmer.

Begin your letter by clearly indicating the parties involved in the agreement. Clearly state the reason for your agreement in your first paragraph giving description of all details such as stake holder ratio, payment period etc.

Barter is a contract wherein parties trade goods or commodities for other goods, as opposed to sale or exchange of goods for money. Barter is not applicable to contracts involving land, but solely to contracts relating to goods and services.

A real estate deal can take a turn for the worst if the contract is not carefully written to include all the legal stipulations for both the buyer and seller.You can write your own real estate purchase agreement without paying any money as long as you include certain specifics about your home.

Barter is an alternative method of trading where goods and services are exchanged directly for one another without using money as an intermediary. For instance, a farmer may exchange a bushel of wheat for a pair of shoes from a shoemaker.

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.

Calculate the monetary value of the goods or services involved. Begin negotiations with the other contract party to draft the specific terms of the barter agreement. Draft a contract that includes the agreed upon details of the barter.

_________/- (Rupees ____________________________), will be received by the FIRST PARTY from the SECOND PARTY, at the time of registration of the Sale Deed, the FIRST PARTY doth hereby agree to grant, convey, sell, transfer and assign all his rights, titles and interests in the said portion of the said property, fully

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Contract or Agreement to Make Exchange or Barter of Real Property for Personal Property