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WHEN RECORDED RETURN TO: ONE-STOP SHOP/RECORDS CITY OF SCOTTSDALE (Real Estate Asset Manager) 7447 East Indian School Road, Suite 205 Scottsdale, AZ 85251 PURCHASE AND SALE AGREEMENT (WITH ESCROW

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How to fill out purchase and sale agreement

01

Begin by downloading or obtaining a copy of the purchase and sale agreement form.

02

Read the entire agreement carefully, making sure you understand all the terms and conditions.

03

Fill in the necessary information, such as the names and addresses of the buyer and seller, the property description, and the purchase price.

04

Specify any contingencies or conditions that must be met before the sale can be completed.

05

Include any additional provisions or clauses that both parties agree upon, such as repairs or property inspections.

06

Review the completed agreement to ensure accuracy and consistency.

07

Sign the agreement and have all parties involved sign as well, including witnesses if required.

08

Make copies of the signed agreement for each party involved and keep the original in a safe place.

09

If necessary, consult with a lawyer or real estate professional to ensure the agreement is legally binding and meets all necessary requirements.

10

Submit the agreement to the appropriate parties or authorities, such as the buyer's lender or the local real estate office.

Who needs purchase and sale agreement?

01

A purchase and sale agreement is needed by anyone who is buying or selling real estate property.

02

This includes individuals, businesses, and organizations such as real estate agents or property developers.

03

Having a written agreement helps protect the rights and interests of both the buyer and seller, and ensures that all terms and conditions of the sale are clearly outlined and agreed upon.

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What is purchase and sale agreement?

A purchase and sale agreement is a legal contract outlining the terms and conditions of a real estate transaction, including the price, contingencies, and closing date.

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?

The purchase and sale agreement should be filled out with details such as the property address, purchase price, contingencies, and signatures of both parties.

What is the purpose of purchase and sale agreement?

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

What information must be reported on purchase and sale agreement?

The purchase and sale agreement must include details about the property, purchase price, closing date, contingencies, and any additional terms agreed upon by the parties.

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