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Get the free Form 21. Residential Purchase and Sale Agreement

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Form 21 Residential PSA Rev. 1/24-Page 1 of 6RESIDENTIAL PURCHASE AND SALE AGREEMENT Specific Terms MLS No.: ___Copyright 2024 Northwest Multiple Listing Service ALL RIGHTS RESERVED1. Date: ___2.
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How to fill out form 21 residential purchase

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How to fill out form 21 residential purchase

01
Begin by entering the date on the top of the form.
02
Fill in the buyer's and seller's information in the appropriate sections.
03
Provide details about the property being purchased, including the address, legal description, and any accompanying fixtures or appliances.
04
Specify the purchase price and any earnest money being paid.
05
Include any contingencies or conditions that must be met for the sale to proceed.
06
Have both parties sign and date the form to indicate agreement.
07
Make copies for all parties involved in the transaction.

Who needs form 21 residential purchase?

01
Anyone who is involved in the purchase of a residential property, including buyers, sellers, real estate agents, and legal representatives, may need form 21 residential purchase.
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Form 21 is a legal document used in real estate transactions, specifically for the purchase of residential properties. It outlines the terms of sale, including the purchase price, closing date, and any contingencies.
The buyer of the residential property, along with their real estate agent and possibly the seller, are typically required to complete and file Form 21 as part of the transaction process.
To fill out Form 21, you need to provide details such as the buyer's and seller's information, property address, purchase price, financing details, and any conditions or contingencies, ensuring all sections are thoroughly completed and signed.
The purpose of Form 21 is to legally document the agreement between the buyer and seller for the purchase of a residential property, ensuring that both parties agree to the terms and conditions outlined within the form.
Form 21 must report information such as the buyer and seller's names, contact details, property description, purchase price, payment terms, and any special conditions or contingencies related to the purchase.
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