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.
Greensboro North Carolina Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement
Category:
State:
North Carolina
City:
Greensboro
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
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.
An agreement of sale is a legal document that outlines the terms of a real estate transaction. It lists the price and other details of the transaction, and is signed by the seller and the buyer. An agreement of sale is also known as the contract of purchase, contract for sale, contract agreement or sale agreement.
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.
Write the contract in six steps Start with a contract template.Open with the basic information.Describe in detail what you have agreed to.Include a description of how the contract will be ended.Write into the contract which laws apply and how disputes will be resolved.Include space for signatures.
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.
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.
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.
There are essentially four types of real estate contracts: purchase agreement contracts, contracts for deed, lease agreements, and power of attorney contracts. They each have different uses and stipulations.
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.