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For use with GAAR Sales Contract and MAR Residential Contract of Sale. .... MultiUnit or Non-Residential Addendum (1350). Revised: 7/2017. To be used for two or more units in Montgomery County, Maryland
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What is multi-unit sales contract?
A multi-unit sales contract is an agreement that involves the purchase or sale of multiple units within a single transaction.
Who is required to file multi-unit sales contract?
Developers, builders, or sellers who are involved in selling multiple units in a single transaction are required to file a multi-unit sales contract.
How to fill out multi-unit sales contract?
To fill out a multi-unit sales contract, you will need to provide details about the units being sold, the purchase price, payment terms, and any other relevant information related to the transaction.
What is the purpose of multi-unit sales contract?
The purpose of a multi-unit sales contract is to outline the terms and conditions of the sale of multiple units in a single transaction, ensuring that all parties involved are clear on their rights and obligations.
What information must be reported on multi-unit sales contract?
The information that must be reported on a multi-unit sales contract includes details about the units being sold, the purchase price, payment terms, and any other relevant information related to the transaction.
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