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PURCHASE AND SALE AGREEMENT 314, 328, 334, 340 & 344 EVERGREEN AVENUE, EAST LANSING, MICHIGAN THIS PURCHASE AND SALE AGREEMENT (this Agreement) is made this day of December 2018, by and between Royal

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How to fill out purchase and sale agreement

01

Step 1: Begin by identifying the parties involved in the agreement. This includes the buyer and seller, as well as any agents or representatives.

02

Step 2: Specify the terms of the agreement, such as the purchase price, payment terms, and any contingencies or conditions that need to be met.

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Step 3: Outline the property being sold, including the address, legal description, and any additional details or features.

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Step 4: Include any warranties or guarantees provided by the seller regarding the condition or ownership of the property.

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Step 5: State the closing date and location, and detail the process for transferring ownership and completing the transaction.

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Step 6: Include any additional provisions or clauses that are relevant to the agreement, such as inspection rights, financing arrangements, or dispute resolution mechanisms.

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Step 7: Both parties should review the agreement carefully and make any necessary amendments or additions before signing.

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Step 8: Once all parties are satisfied with the terms, they should sign the agreement in the presence of witnesses, if required by local laws.

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Step 9: Make copies of the signed agreement for all parties involved, and ensure that each party retains a copy for their records.

Who needs purchase and sale agreement?

01

Buyers and sellers of real estate properties need purchase and sale agreements.

02

Real estate agents or representatives involved in property transactions also require purchase and sale agreements.

03

Individuals or businesses involved in other types of sales transactions, such as the sale of a business or the sale of personal property, may also need purchase and sale agreements.

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What is purchase and sale agreement?

A purchase and sale agreement is a legal document that outlines the terms and conditions of a real estate transaction between a buyer and a seller.

Who is required to file purchase and sale agreement?

The buyer and seller involved in the real estate transaction are required to file the purchase and sale agreement.

How to fill out purchase and sale agreement?

To fill out a purchase and sale agreement, both the buyer and seller must include their contact information, the property details, purchase price, closing date, contingencies, and any additional terms negotiated.

What is the purpose of purchase and sale agreement?

The purpose of a purchase and sale agreement is to establish the terms and conditions of a real estate transaction to protect both the buyer and seller.

What information must be reported on purchase and sale agreement?

The purchase and sale agreement must include the buyer and seller's contact information, property details, purchase price, closing date, contingencies, and any additional terms negotiated.

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