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.
High Point North Carolina Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement
Category:
State:
North Carolina
City:
High Point
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
A purchase agreement is the most common type of real estate agreement. This contract specifies the details regarding the sale of 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.
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.
North Carolina is a dual agency state, which means that the seller and the buyer can both have an agent if they chose. You don't have to use the agent who is listing the home.
On the basis of validity or enforceability, we have five different types of contracts as given below. Valid Contracts.Void Contract Or Agreement.Voidable Contract.Illegal Contract.Unenforceable Contracts.
The Five Elements of a Contract Offer. Acceptance. Consideration. Capacity. Lawful Purpose.
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.
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.