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REAL PROPERTY PURCHASE AGREEMENT BETWEEN THE CITY OF RAPID CITY AND WILMA COTTER AND THE ESTATE OF JAMES E. McDougald 1. Parties. The parties to this Agreement are the CITY OF RAPID CITY, a South Dakota
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How to fill out real property purchase agreement

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How to fill out real property purchase agreement

01
Begin by including the names of both the buyer and the seller in the agreement.
02
Specify the property being purchased, including its address and legal description.
03
Include the purchase price of the property and the agreed-upon payment terms.
04
Outline any contingencies or conditions that must be met before the sale is finalized, such as obtaining financing or conducting a satisfactory inspection.
05
Include any additional terms and conditions that both parties agree to, such as an agreed-upon closing date or specific repairs or improvements to be made prior to closing.
06
Clearly outline the process for resolving any disputes that may arise during the transaction.
07
Include signatures from both the buyer and the seller to indicate their agreement to the terms outlined in the purchase agreement.

Who needs real property purchase agreement?

01
Anyone who is buying or selling real estate property needs a real property purchase agreement.
02
This agreement is essential to protect the interests of both the buyer and the seller and ensure that the transaction proceeds smoothly and legally.
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A real property purchase agreement is a legal document that outlines the terms and conditions of a property sale between a buyer and a seller.
The buyer and seller involved in the property transaction are required to file the real property purchase agreement.
To fill out a real property purchase agreement, both parties need to provide their personal information, details of the property, purchase price, payment terms, and any contingencies.
The purpose of a real property purchase agreement is to establish the terms and conditions of the property sale, protect the rights of both parties, and provide a legal framework for the transaction.
The real property purchase agreement must include information such as the names of the buyer and seller, property address, purchase price, payment terms, contingencies, and signatures of both parties.
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