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CONTRACT TO PURCHASE AT PUBLIC AUCTION
(This is a legally binding contract. If not understood, seek legal advice. For real estate advice, consult your Realtor)DATE: 27 Sept 2017
1.PROPERTY DESCRIPTION:
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How to fill out purchase-contract-10820maindoc
01
Step 1: Start by reading through the entire purchase contract document to familiarize yourself with its contents.
02
Step 2: Fill in the buyer's and seller's information at the beginning of the contract, including their names, addresses, and contact information.
03
Step 3: Specify the details of the property being purchased, such as its address, legal description, and any existing fixtures or appliances that are included in the sale.
04
Step 4: Define the purchase price and the payment terms, including the amount of the initial deposit and the schedule for subsequent payments.
05
Step 5: Outline any contingencies or conditions that must be met for the purchase to proceed, such as the buyer obtaining financing or the seller completing necessary repairs.
06
Step 6: Include any additional terms or agreements that both parties have agreed upon, such as the allocation of closing costs or the inclusion of a home inspection.
07
Step 7: Review the entire document carefully to ensure all necessary sections have been completed and all information is accurate.
08
Step 8: Sign and date the contract, and have it signed by the other party as well.
09
Step 9: Make copies of the signed contract for both the buyer and the seller, and keep the original in a safe place for future reference.
Who needs purchase-contract-10820maindoc?
01
Anyone who is involved in a real estate transaction as either the buyer or the seller would need the purchase-contract-10820maindoc. It provides a legal framework for the sale of a property and outlines the rights and responsibilities of both parties. It helps ensure that the transaction is fair and transparent, and helps protect the interests of both the buyer and the seller.
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