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RESOLUTION NO.___, EXHIBIT 1PURCHASE AND SALE AGREEMENT Central Office Building Date (for reference purposes only): June 15, 2018, THIS PURCHASE AND SALE AGREEMENT (Agreement) is made and entered

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How to fill out purchase and sale agreement

01

Start by identifying the parties involved in the agreement - the buyer and the seller.

02

Describe the property being bought and sold, including all relevant details such as address, legal description, and any included items.

03

Specify the purchase price and any deposit required.

04

Outline the payment terms, including any financing arrangements or contingencies.

05

Include any contingencies or conditions that must be met for the sale to go through, such as inspections or appraisals.

06

Detail the closing date and location, as well as who is responsible for closing costs.

07

Include any warranties or guarantees provided by the seller.

08

Sign and date the agreement, and make sure both parties have a copy for their records.

Who needs purchase and sale agreement?

01

Anyone involved in buying or selling real estate, including individuals, businesses, and organizations, may need a purchase and sale agreement.

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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 seller.

Who is required to file purchase and sale agreement?

Both the buyer and seller are required to sign and file the purchase and sale agreement.

How to fill out purchase and sale agreement?

The purchase and sale agreement can be filled out by including all relevant details of the transaction such as the property address, purchase price, closing date, and any contingencies.

What is the purpose of purchase and sale agreement?

The purpose of the purchase and sale agreement is to formalize the terms of the real estate transaction and protect both parties involved.

What information must be reported on purchase and sale agreement?

The purchase and sale agreement must include details such as the names of the buyer and seller, property address, purchase price, earnest money deposit, and any contingencies.

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