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CONTRACT TO PURCHASE RESIDENTIAL The Mansfield Association of REALTORS (This is a legally binding Contract. If the provisions are not understood, legal advice should be obtained.)1. CONTRACT: Purchaser

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How to fill out contract to purchase

01

Read the contract carefully, including all terms and conditions.

02

Provide the names and contact information of the buyer and seller.

03

Include a detailed description of the property being purchased.

04

List the purchase price and payment terms.

05

Include any contingencies, such as home inspections or financing.

06

Specify the closing date and location.

07

Clearly state the responsibilities and obligations of both parties.

08

Include provisions for resolving disputes.

09

Ensure all parties sign and date the contract.

10

Keep a copy of the signed contract for future reference.

Who needs contract to purchase?

01

Anyone looking to purchase a property from another individual or entity needs a contract to purchase.

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What is contract to purchase?

A contract to purchase is a legally binding agreement between a buyer and a seller outlining the terms and conditions of a purchase transaction.

Who is required to file contract to purchase?

The buyer is typically required to file the contract to purchase.

How to fill out contract to purchase?

Contract to purchase should be filled out with all the relevant details of the purchase agreement, signed by both parties, and notarized if necessary.

What is the purpose of contract to purchase?

The purpose of a contract to purchase is to protect both the buyer and the seller by clearly outlining their rights, responsibilities, and expectations regarding the purchase transaction.

What information must be reported on contract to purchase?

The contract to purchase must include details such as the purchase price, property address, closing date, and any contingencies or conditions of the sale.

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