Get the free completed BINDING PURCHASE CONTRACT / SEALED BID as
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Special Sale Notices / Real Estate
This real estate sale is a Sealed Bid Auction. You must deliver a
completed BINDING PURCHASE CONTRACT / SEALED BID as
well as payment in full to the Treasurers office
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How to fill out completed binding purchase contract
How to fill out completed binding purchase contract
01
Start by reading the purchase contract thoroughly to understand the terms and conditions.
02
Fill in the date of the agreement at the beginning of the contract.
03
Provide the names and contact information of both the buyer and the seller in the designated fields.
04
Include a detailed description of the property being purchased, including any relevant identifying information.
05
Specify the purchase price and any additional costs or fees associated with the transaction.
06
Outline the payment terms, including the amount of the initial deposit and the timing of any subsequent payments.
07
Include any contingencies or conditions that must be met before the sale can be finalized, such as home inspections or financing approval.
08
Indicate the desired closing date and any allowances for extensions if needed.
09
Include provisions for any warranties or guarantees related to the property.
10
Review the completed contract to ensure all necessary information is included and accurately represented.
11
Both the buyer and the seller should sign and date the contract to indicate their agreement and understanding of the terms.
12
Keep copies of the signed contract for both parties' records.
Who needs completed binding purchase contract?
01
Buyers and sellers involved in real estate transactions typically need a completed binding purchase contract.
02
This includes individuals or businesses purchasing or selling residential or commercial properties.
03
Having a legally binding contract helps protect the rights and interests of both parties throughout the transaction.
04
It ensures that all terms and conditions of the sale are clear, agreed upon, and enforceable in the event of any disputes or issues that may arise.
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