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J. P. KING AUCTION COMPANY, INC. REAL PROPERTY SALE CONTRACT (AUCTION ONLY) Mercer Island Mansion 4137 Boulevard Place, Mercer Island, Washington August 30, 2011, 2 PM PDT BIDDER NO. PROPERTY NO.
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How to fill out real property sale contract

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How to fill out a real property sale contract:

01
Start by clearly identifying the parties involved in the contract. Include the full legal names and addresses of the buyer and seller.
02
Provide a detailed description of the property being sold. Include the address, legal description, and any other relevant details that accurately identify the property.
03
Specify the purchase price of the property. This should be clearly stated in both numerical and written form. Include any down payment or deposit amount, if applicable.
04
Outline the terms and conditions of the sale. Include important information such as the closing date, any contingencies, and the method of payment.
05
Include any additional terms or agreements that both parties have agreed upon. This may involve negotiations regarding repairs, appliances, or other personal property included in the sale.
06
Specify who will bear the responsibility for any outstanding property taxes or liens on the property. It's important to clearly state whether the buyer or the seller will be responsible for settling these obligations.
07
Indicate any warranties or guarantees that are being provided by the seller. This may include warranties on the condition of the property or any included appliances.
08
If applicable, include any closing costs or other fees associated with the sale. This ensures that both parties are aware of their financial obligations and can plan accordingly.
09
Clearly state how any disputes or disagreements will be resolved. This could include mediation, arbitration, or litigation, depending on the preferences of the parties involved.

Who needs a real property sale contract?

A real property sale contract is needed by individuals or entities who are buying or selling real estate. This includes both residential and commercial properties. Buyers and sellers use this contract to outline the terms and conditions of the sale, protecting their interests and ensuring a smooth transaction. It is crucial to have a legally binding contract in place to avoid any misunderstandings or disputes down the line. Real estate agents and attorneys may also be involved in the preparation and review of the contract to ensure compliance with local laws and regulations.
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A real property sale contract is a legal agreement between a buyer and seller outlining the terms and conditions of the sale of a property.
The buyer is typically required to file the real property sale contract with the appropriate government agency.
The real property sale contract can be filled out by including details such as the names of the buyer and seller, property address, purchase price, and any contingencies.
The purpose of a real property sale contract is to legally bind the buyer and seller to the terms of the sale and protect both parties' interests.
Information such as buyer and seller details, property description, purchase price, payment terms, and closing date must be reported on the real property sale contract.
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Relevant keywords

2011 1978 Washington Alabama V1 thereon FIRPTA prorated JAMSs RCW unenforceable Plats XVI Sandwith Replat easements merchantability plantings draftsmanship Propertys distributees indemnifications XXIV SEVERABILITY disclaimed legatees rescission nonforeign

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