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This document is a legally binding agreement for the sale of a parcel of land and improvements located in Stillwater, Oklahoma, from the City of Stillwater to Aggie Development, LLC, including terms
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How to fill out real estate purchase contract

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How to fill out Real Estate Purchase Contract

01
Obtain a copy of the Real Estate Purchase Contract template.
02
Enter the buyer's full legal name and address.
03
Enter the seller's full legal name and address.
04
Provide the property address and legal description of the property.
05
Specify the purchase price of the property.
06
Outline any deposits or earnest money required and the due dates.
07
Detail the terms of financing, including loan amounts and types.
08
Include contingencies such as inspections, appraisals, or financing.
09
Specify the closing date and any relevant details about the closing process.
10
Include any additional clauses relevant to the transaction.
11
Review the contract for accuracy and completeness.
12
Both parties should sign and date the contract.

Who needs Real Estate Purchase Contract?

01
Individuals or entities looking to purchase real estate.
02
Home sellers who need to formalize a sale agreement.
03
Real estate agents or brokers representing buyers and sellers.
04
Investors seeking to buy properties.
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People Also Ask about

Writing your own contracts is perfectly possible, and legal. But it's also an incredibly bad idea. There's two reasons for this: Property law is complicated. Because it's such a fundamental part of legislation, it's often lots and lots of different laws layered on top of each other.
A basic 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.
As the buyer, your real estate agent usually writes the first draft of the contract. It isn't binding unless the seller signs. Real estate agents don't write these from scratch. They start with a template that has standard wording.
If a principal cannot be physically present to sign documents, they may assign a POA to someone else to sign on their behalf. California law requires these documents to be notarized to avoid disputes regarding their validity.
How do I create a Real Estate Purchase Agreement? Add general information. State what type of property is being sold. Establish the sale details. Set conditions for the sale. Describe the property. Provide buyer and seller details. Add final details. Outline tactics for conflict resolution.
A basic 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.
The contract should be written in clear, plain language that's easy to understand. This will help everyone know what they are agreeing to. Describe what things of value are being exchanged. Write clearly what one party is promising to deliver and what the other agrees to pay or do in exchange.

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A Real Estate Purchase Contract is a legal document that outlines the terms and conditions of a real estate transaction between a buyer and a seller.
Typically, the buyer or their agent is required to file the Real Estate Purchase Contract with the appropriate authorities, such as the local real estate agency or county recorder's office.
To fill out a Real Estate Purchase Contract, both parties should provide their personal information, property details, sale price, contingencies, payment terms, and any other relevant terms. It's advisable to consult a real estate professional for assistance.
The purpose of a Real Estate Purchase Contract is to legally bind the buyer and seller to the agreed-upon terms of the property sale, ensuring that both parties understand their rights and obligations.
The Real Estate Purchase Contract must include the names of the parties involved, property address, purchase price, deposit amount, contingencies, closing date, and any additional terms that govern the agreement.
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