This form is a Contract for the sale of real estate for use in Florida. 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.
The Pembroke Pines Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legal document that outlines the terms and conditions involved in the sale and purchase of a residential property in Pembroke Pines, Florida. This agreement is specifically designed for transactions that do not involve a real estate broker. The contract serves as a binding agreement between the seller and the buyer, ensuring that both parties understand and agree on the terms of the transaction. It includes important details such as the purchase price, closing date, and any contingencies or conditions that need to be fulfilled before the sale is finalized. Key elements of the Pembroke Pines Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement include: 1. Parties Involved: The contract identifies the buyer and seller, including their legal names and addresses. It is crucial to provide accurate information to avoid any complications during the sale process. 2. Property Description: The agreement includes a detailed description of the residential property being sold, including its address, legal description, and parcel identification number. This helps ensure that both parties are referring to the correct property. 3. Purchase Price and Payment Terms: The contract specifies the agreed-upon purchase price for the property, as well as the payment terms. This includes the amount of earnest money, down payment, and any contingencies related to financing. 4. Closing Date and Conditions: The contract outlines the agreed-upon closing date, giving both parties a clear timeline for completing the transaction. It also includes conditions that need to be met before the closing, such as the property passing inspections or the buyer obtaining financing. 5. Disclosures and Inspection: The contract may require the seller to provide specific disclosures about the property's condition, potential environmental hazards, or previous renovations. Additionally, it will establish guidelines for the buyer to conduct inspections or appraisals on the property at their expense. 6. Title and Escrow: The agreement addresses the transfer of title and the use of an escrow agent to hold funds until the closing is completed. It outlines the responsibilities of both parties regarding title searches, title insurance, and the disbursement of funds. Different types or variations of Pembroke Pines Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement could include contract addendums or amendments relevant to specific circumstances. Some examples might be: 1. Contract with Financing Contingency: This type of agreement includes provisions allowing the buyer to cancel the contract if they are unable to secure satisfactory financing for the purchase. 2. Contract with Inspection Contingency: This variation includes specific clauses allowing the buyer to conduct inspections and negotiate repairs or adjustments based on the inspection report. 3. All-cash Contract: This type of agreement is applicable when the buyer is purchasing the property using all-cash without any financing involved. It may exclude clauses related to financing contingencies. It is essential to consult with a qualified real estate attorney or professional familiar with Pembroke Pines, Florida, and its real estate laws to ensure compliance and accuracy in drafting or reviewing the contract.The Pembroke Pines Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legal document that outlines the terms and conditions involved in the sale and purchase of a residential property in Pembroke Pines, Florida. This agreement is specifically designed for transactions that do not involve a real estate broker. The contract serves as a binding agreement between the seller and the buyer, ensuring that both parties understand and agree on the terms of the transaction. It includes important details such as the purchase price, closing date, and any contingencies or conditions that need to be fulfilled before the sale is finalized. Key elements of the Pembroke Pines Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement include: 1. Parties Involved: The contract identifies the buyer and seller, including their legal names and addresses. It is crucial to provide accurate information to avoid any complications during the sale process. 2. Property Description: The agreement includes a detailed description of the residential property being sold, including its address, legal description, and parcel identification number. This helps ensure that both parties are referring to the correct property. 3. Purchase Price and Payment Terms: The contract specifies the agreed-upon purchase price for the property, as well as the payment terms. This includes the amount of earnest money, down payment, and any contingencies related to financing. 4. Closing Date and Conditions: The contract outlines the agreed-upon closing date, giving both parties a clear timeline for completing the transaction. It also includes conditions that need to be met before the closing, such as the property passing inspections or the buyer obtaining financing. 5. Disclosures and Inspection: The contract may require the seller to provide specific disclosures about the property's condition, potential environmental hazards, or previous renovations. Additionally, it will establish guidelines for the buyer to conduct inspections or appraisals on the property at their expense. 6. Title and Escrow: The agreement addresses the transfer of title and the use of an escrow agent to hold funds until the closing is completed. It outlines the responsibilities of both parties regarding title searches, title insurance, and the disbursement of funds. Different types or variations of Pembroke Pines Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement could include contract addendums or amendments relevant to specific circumstances. Some examples might be: 1. Contract with Financing Contingency: This type of agreement includes provisions allowing the buyer to cancel the contract if they are unable to secure satisfactory financing for the purchase. 2. Contract with Inspection Contingency: This variation includes specific clauses allowing the buyer to conduct inspections and negotiate repairs or adjustments based on the inspection report. 3. All-cash Contract: This type of agreement is applicable when the buyer is purchasing the property using all-cash without any financing involved. It may exclude clauses related to financing contingencies. It is essential to consult with a qualified real estate attorney or professional familiar with Pembroke Pines, Florida, and its real estate laws to ensure compliance and accuracy in drafting or reviewing the contract.
