This form is a Contract for the sale of real estate for use in Arkansas. It can be used for a cash sale, assumption or new loan buyer. The contract contains provisions common to a real estate transaction. No broker involved.
Little Rock, Arkansas has a specific contract known as the "Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement." This legal document is designed to facilitate the transaction between a buyer and seller of a residential property without the involvement of a real estate broker. Below, we provide a detailed description of this contract, along with relevant keywords that may be useful: 1. Little Rock Arkansas Contract for Sale and Purchase of Real Estate: This legally binding agreement sets forth the terms and conditions under which a residential property is bought and sold in Little Rock, Arkansas. 2. No Broker for Residential Home Sale Agreement: This contract signifies that no real estate broker is involved in the transaction, meaning the buyer and seller are responsible for handling the negotiation and paperwork. 3. Purpose: The contract establishes the rights and obligations of both the buyer and seller and outlines the conditions of the sale, ensuring a smooth transfer of ownership. 4. Property Details: Specifics about the residential property such as the address, legal description, and zoning information are included in the contract. 5. Purchase Price: The contract outlines the agreed-upon purchase price of the property, ensuring a clear understanding between the parties involved. 6. Terms and Conditions: The contract details various terms and conditions, including the method of payment, financing, closing date, and potential contingencies such as inspection and repair provisions. 7. Earnest Money: This contract may specify the amount of earnest money to be deposited by the buyer as a show of good faith and commitment to the purchase. 8. Title and Deed: The seller is usually responsible for providing a marketable title to the property, free of any liens or encumbrances. The contract may outline the process for transferring the title and executing the deed. 9. Disclosures: The contract may include provisions requiring the seller to disclose any known defects, hazards, or other important information about the property. This ensures transparency for the buyer. 10. Contingencies: Depending on the type of agreement, there can be different versions of the Little Rock Arkansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement. Some variations may include specific contingencies related to financing, appraisals, or repairs. In conclusion, the Little Rock Arkansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legally binding document that governs the sale and purchase of residential properties in Little Rock. It specifies the terms, conditions, and obligations of both the buyer and seller, ensuring a smooth and transparent transaction.Little Rock, Arkansas has a specific contract known as the "Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement." This legal document is designed to facilitate the transaction between a buyer and seller of a residential property without the involvement of a real estate broker. Below, we provide a detailed description of this contract, along with relevant keywords that may be useful: 1. Little Rock Arkansas Contract for Sale and Purchase of Real Estate: This legally binding agreement sets forth the terms and conditions under which a residential property is bought and sold in Little Rock, Arkansas. 2. No Broker for Residential Home Sale Agreement: This contract signifies that no real estate broker is involved in the transaction, meaning the buyer and seller are responsible for handling the negotiation and paperwork. 3. Purpose: The contract establishes the rights and obligations of both the buyer and seller and outlines the conditions of the sale, ensuring a smooth transfer of ownership. 4. Property Details: Specifics about the residential property such as the address, legal description, and zoning information are included in the contract. 5. Purchase Price: The contract outlines the agreed-upon purchase price of the property, ensuring a clear understanding between the parties involved. 6. Terms and Conditions: The contract details various terms and conditions, including the method of payment, financing, closing date, and potential contingencies such as inspection and repair provisions. 7. Earnest Money: This contract may specify the amount of earnest money to be deposited by the buyer as a show of good faith and commitment to the purchase. 8. Title and Deed: The seller is usually responsible for providing a marketable title to the property, free of any liens or encumbrances. The contract may outline the process for transferring the title and executing the deed. 9. Disclosures: The contract may include provisions requiring the seller to disclose any known defects, hazards, or other important information about the property. This ensures transparency for the buyer. 10. Contingencies: Depending on the type of agreement, there can be different versions of the Little Rock Arkansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement. Some variations may include specific contingencies related to financing, appraisals, or repairs. In conclusion, the Little Rock Arkansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legally binding document that governs the sale and purchase of residential properties in Little Rock. It specifies the terms, conditions, and obligations of both the buyer and seller, ensuring a smooth and transparent transaction.
