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Vacant Land Contract FLORIDA ASSOCIATION OF REALTORS 1 2 × 4 5× 6× 7× 8× 9× 10× 11× 12× 13× 14× 15 16 17* PARTIES AND DESCRIPTION OF PROPERTY 1. SALE AND PURCHASE: (Seller) and (Buyer)

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How to fill out bvacant land contractb

How to fill out a vacant land contract:

01

Begin by gathering all necessary information about the vacant land, such as the legal description, location, and any restrictions or easements attached to the property.

02

Identify the parties involved in the contract, including the buyer and seller. Make sure to include their full legal names and contact information.

03

Clearly define the terms and conditions of the contract, including the purchase price, payment terms, and any contingencies or conditions.

04

Specify the closing date and location for the transaction. Also, include information about who will be responsible for closing costs.

05

Include any special provisions or additional terms that are specific to the vacant land being sold, such as any existing structures or improvements, mineral rights, or zoning restrictions.

06

Clearly outline the rights and responsibilities of each party, including any warranties or representations made by the seller regarding the property.

07

Include a section for signatures and dates from both the buyer and the seller, as well as any witnesses or notaries required by law.

08

It is essential to review and understand the contract thoroughly before signing it. Consider consulting with a real estate attorney if necessary.

Who needs a vacant land contract:

01

Individuals or entities who are interested in buying or selling vacant land.

02

Real estate agents or brokers who are assisting clients with transactions involving vacant land.

03

Developers, investors, or contractors who need to document their agreement to purchase or sell vacant land for development purposes.

04

Lenders or financial institutions that require a contract to secure financing for the purchase of vacant land.

05

Government agencies or municipalities involved in land acquisition or disposition for public purposes.

Note: It is important to consult with a professional or seek legal advice when filling out a vacant land contract to ensure all necessary details are included and to comply with local laws and regulations.

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