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STANDARD FORM CONTRACT FOR PURCHASE AND SALE OF REAL ESTATE OTSEGODELAWARE BOARD OF REALTORS, INC. THIS IS A LEGALLYBINDING CONTRACT, IF NOT FULLY UNDERSTOOD, WE RECOMMEND ALL PARTIES TO THE CONTRACT
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Standard form contract is a pre-prepared contract where the terms and conditions are set and cannot be negotiated by the parties involved.
Standard form contracts are typically used in business transactions, such as between a consumer and a large corporation.
To fill out a standard form contract, parties simply need to input any specific details required, such as names, dates, and amounts.
The purpose of a standard form contract is to streamline the contracting process and provide consistency in agreements.
Standard form contracts must include all relevant terms and conditions that will govern the agreement between the parties.
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