This sample form, an Additional Purchaser Representations and Warranties document, is usable for corporate/business matters. The language is easily adaptable to fit your circumstances. You must confirm compliance with applicable law in your state. Available in Word format.
It's a good idea to chat with a local real estate attorney or a knowledgeable agent—they can help ensure you don't miss a beat.
They should be specific and clear, like a well-written roadmap; this helps everyone know where they stand.
Absolutely! They can either smooth things over or throw a wrench in the works, depending on how they're handled.
If a buyer's claim turns out to be false, it could lead to some hefty consequences, including possible legal action from the seller.
Once they're on paper, it's tough to change them without everyone's agreement, so it's best to get it right the first time around.
They're like a safety net for sellers, assuring that buyers are serious and have their ducks in a row before the transaction gets rolling.
These are promises made by the buyer in a real estate deal, assuring the seller about certain facts concerning the buyer's qualifications or intentions.