Get the free Sales Contract Property Disposition Program - HUD - portal hud
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This Sales Contract, identified as form HUD-9548, must be prepared and ... Failure of the Purchaser to perform in accordance with this contract may cause the ...
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How to fill out sales contract property disposition
How to fill out sales contract property disposition?
01
Begin by entering the date at the top of the sales contract property disposition form.
02
Provide the names and contact information of the buyer and seller in the designated fields.
03
Include a detailed description of the property being sold, including its address, legal description, and any applicable parcel or lot numbers.
04
Specify the purchase price agreed upon by both parties, and include any terms or conditions related to payment, financing, or escrow.
05
Indicate the closing date for the transaction, as well as any contingencies or deadlines that need to be met.
06
Include any relevant documents or disclosures, such as the property inspection report, title search results, or homeowners association regulations.
07
Specify whether the property is being sold "as is" or if any repairs, improvements, or warranties are included in the sale.
08
Address any additional terms or conditions agreed upon by both parties, such as the allocation of closing costs or the proration of property taxes.
09
Sign and date the sales contract property disposition form, and ensure that both the buyer and seller do the same.
10
Make copies of the completed form for all parties involved, and keep the original in a safe place.
Who needs sales contract property disposition?
01
Buyers who are purchasing a property and want to document the terms and conditions of the sale.
02
Sellers who are selling a property and need to establish the legal agreement with the buyer.
03
Real estate agents or brokers who are facilitating the transaction and need to provide a clear record of the sale for all parties involved.
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