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Authentisign ID: 9C0F27595966EF11991A002248299C60NEW MEXICO ASSOCIATION OF REALTORS 2024 ONE ADDENDUM NO. LEADBASED PAINT ADDENDUM TO PURCHASE AGREEMENT ATTENTION BUYER/SELLER Federal law requires
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How to fill out residential purchase agreement 1218

01
Obtain a copy of the residential purchase agreement 1218 form.
02
Fill in the buyer's and seller's names and contact information at the top of the form.
03
Specify the property address and legal description of the property being purchased.
04
Indicate the purchase price and any earnest money deposit to be included.
05
Outline the terms of the purchase, including financing details and contingencies.
06
Add any necessary disclosures regarding the property's condition and other legal requirements.
07
Include the closing date and any relevant timeline for the transaction.
08
Both parties must sign and date the agreement to make it legally binding.

Who needs residential purchase agreement 1218?

01
Home buyers looking to purchase residential property.
02
Sellers aiming to formalize the sale of their residential property.
03
Real estate agents representing buyers or sellers in a transaction.
04
Lenders who require a purchase agreement for mortgage approval.
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The residential purchase agreement 1218 is a legal document used in real estate transactions that outlines the terms and conditions under which a buyer agrees to purchase a residential property.
Typically, sellers and buyers involved in a residential real estate transaction are required to file the residential purchase agreement 1218.
To fill out the residential purchase agreement 1218, parties should provide accurate details regarding the buyer and seller, property description, purchase price, earnest money, contingencies, and any other relevant terms.
The purpose of the residential purchase agreement 1218 is to formalize the agreement between the buyer and seller, ensuring both parties understand their rights and obligations in the transaction.
The information that must be reported on the residential purchase agreement 1218 includes the names of the parties, property address, purchase price, financing details, closing date, contingencies, and any additional terms agreed upon.
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