This form is a Contract for the sale of real estate for use in North Carolina. INCLUDES BUYER'S DUE DILIGENCE PROVISIONS. 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.
Fayetteville North Carolina Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement
Category:
State:
North Carolina
City:
Fayetteville
Control #:
NC-00472
Format:
Word;
Rich Text
Instant download
Description
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How to fill out North Carolina Contract For Sale And Purchase Of Real Estate With No Broker For Residential Home Sale Agreement?
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FAQ
How to Write a Real Estate Purchase Agreement Step 1 ? Fill Out Buyer and Seller Information.Step 2 ? Describe the Property.Step 3 ? Identify Personal Property.Step 4 ? Provide the Purchase Price and Details.Step 5 ? Describe Disclosures.Step 6 ? Write Assumption of Loan Details.Step 7 ? Identify Financing Contingencies.
How do I write a Sales Agreement? Specify your location.Provide the buyer's and seller's information.Describe the goods and services.State the price and deposit details (if applicable)Outline payment details.Provide delivery terms.Include liability details.State if there's a warranty on the goods.
Content of a Purchase Agreement 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.
Clauses That go Into an Agreement to Sell Names of the buyer and seller, their age, and residential addresses. Date and place of execution of the agreement. Competence of parties to enter into the agreement. Rights and liabilities. Details and documents of how the seller came to own the property.
How do I write a Sales Agreement? Specify your location.Provide the buyer's and seller's information.Describe the goods and services.State the price and deposit details (if applicable)Outline payment details.Provide delivery terms.Include liability details.State if there's a warranty on the goods.
At its most basic, a purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.
Required Elements of a Real Estate Contract To establish legality, a real estate contract must include a legal purpose, legally competent parties, agreement by offer and acceptance, consideration, and consent.
Create a Title for Your Contract.Explain the Particulars.Describe the Transaction.List the Buyer's Responsibilities.List the Seller's Responsibilities.Include a Signing Section.Monitor Contract Performance.
A draft contract is an agreement that's not finalized. During the process of a property transaction, for instance, the first agreement is called the draft contract. The precise terms and wording also have not been agreed to by all sides.