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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 October 2018, by and between Royal

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How to fill out purchase and sale agreement

01

Begin by entering the date of the agreement at the top of the document.

02

Identify the parties involved in the agreement, including the buyer and seller's names and contact information.

03

Describe the property being sold, including the address and any unique identifiers like a parcel number or legal description.

04

Specify the purchase price and payment terms, including any down payments or installments.

05

Outline any contingencies or conditions that must be met before the sale can proceed, such as obtaining financing or passing a home inspection.

06

Include any additional terms or clauses that both parties agree to, such as the closing date or transfer of utilities.

07

Have both parties sign and date the agreement to make it legally binding.

08

Consider involving a real estate attorney or agent to review the agreement before finalizing.

09

Keep a copy of the signed agreement for your records.

Who needs purchase and sale agreement?

01

A purchase and sale agreement is typically needed by individuals or entities engaged in real estate transactions, such as:

02

- Home buyers and sellers

03

- Real estate agents and brokers

04

- Property developers and investors

05

- Landlords and tenants

06

- Estate trustees or executors

07

- Banks or lenders offering mortgage financing

08

- Attorneys handling real estate transactions

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What is purchase and sale agreement?

A purchase and sale agreement is a legal contract outlining the terms and conditions for the sale of a property or goods.

Who is required to file purchase and sale agreement?

The buyer and seller are typically required to file a purchase and sale agreement.

How to fill out purchase and sale agreement?

To fill out a purchase and sale agreement, you should include details such as the purchase price, closing date, and any conditions of the sale.

What is the purpose of purchase and sale agreement?

The purpose of a purchase and sale agreement is to formalize the terms of the sale and protect the rights of both parties involved in the transaction.

What information must be reported on purchase and sale agreement?

Information such as the property description, purchase price, deposit amount, and any contingencies should be reported on a purchase and sale agreement.

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