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This document serves as a real estate contract in Oregon where the seller pays the existing mortgage. It outlines the agreement for the sale and purchase of property between the seller and the buyer,
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How to fill out Form No. 845 – REAL ESTATE CONTRACT
01
Download Form No. 845 from the relevant governmental or real estate website.
02
Start by entering the date at the top of the form.
03
Fill in the buyer's name and address in the designated section.
04
Enter the seller's name and address in the corresponding fields.
05
Provide a detailed description of the property, including the address and any relevant identifiers like parcel number.
06
Specify the purchase price and any earnest money deposit being made.
07
Outline the terms of the sale, including financing details if applicable.
08
Include contingencies that may affect the sale, such as home inspections or financing approval.
09
Review and add any additional clauses or stipulations relevant to the agreement.
10
Ensure all parties sign and date the form to validate the contract.
Who needs Form No. 845 – REAL ESTATE CONTRACT?
01
Individuals buying or selling real estate properties.
02
Real estate agents and brokers facilitating transactions.
03
Investors involved in real estate deals.
04
Lawyers or legal professionals assisting clients in real estate transactions.
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What is Form No. 845 – REAL ESTATE CONTRACT?
Form No. 845 – REAL ESTATE CONTRACT is a legal document used to outline the terms and conditions of a real estate transaction between a buyer and seller.
Who is required to file Form No. 845 – REAL ESTATE CONTRACT?
The parties involved in the real estate transaction, typically the buyer and seller, are required to complete and file Form No. 845.
How to fill out Form No. 845 – REAL ESTATE CONTRACT?
To fill out Form No. 845, both parties must provide their personal information, property details, purchase price, and sign the contract. It's recommended to seek legal guidance if needed.
What is the purpose of Form No. 845 – REAL ESTATE CONTRACT?
The purpose of Form No. 845 is to legally formalize the agreement between the buyer and seller for the sale of real estate, ensuring both parties understand their rights and obligations.
What information must be reported on Form No. 845 – REAL ESTATE CONTRACT?
Form No. 845 must include details such as the names and contact information of the parties, property description, sale price, payment terms, and any contingencies.
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