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SELLERS EXTENDED OCCUPANCY AGREEMENT This form approved by the North Dakota Association of REALTORS, which disclaims any liability out of use or misuse of this form. This form is only for use by licensed
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How to fill out residential contract for sale

01
Gather all the necessary information, including the buyer and seller details, property information, and terms and conditions.
02
Start by entering the date of the contract and the names and addresses of the buyer and seller.
03
Provide a detailed description of the property being sold, including its address, legal description, and any included fixtures or appliances.
04
Specify the purchase price and any agreed-upon terms of payment, such as down payment amount, financing terms, and closing date.
05
Include any contingencies or conditions that must be met for the sale to proceed, such as the inspection or appraisal results.
06
Outline the responsibilities of both the buyer and seller, including who will pay for the closing costs, taxes, and insurance.
07
Specify any warranties or guarantees provided by the seller, such as for the condition of the property or included appliances.
08
Include provisions for dispute resolution or arbitration in case of disagreements between the parties.
09
Both parties should review the contract thoroughly and make any necessary amendments or additions before signing.
10
Sign and date the contract, preferably in the presence of witnesses or a notary public.
11
Keep copies of the signed contract for both parties' records.

Who needs residential contract for sale?

01
Anyone who is either buying or selling a residential property needs a residential contract for sale.
02
This includes individual homeowners, real estate agents, property investors, or developers.
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A residential contract for sale is a legal document that outlines the terms and conditions for the sale of a residential property, including details about the buyer, seller, property description, price, and contingencies.
Typically, the seller or their agent is required to file the residential contract for sale, but it can vary by jurisdiction.
To fill out a residential contract for sale, you need to provide details such as the names of the buyer and seller, property address, sale price, financing details, and any contingencies or special provisions. It's often recommended to consult with a real estate attorney or agent.
The purpose of a residential contract for sale is to legally formalize the agreement between the buyer and seller regarding the sale of a property, ensuring that both parties understand and agree to the terms.
The information that must be reported includes the names and contact information of the buyer and seller, property details (address, legal description), the offer price, any deposit amounts, and any contingencies or special clauses.
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