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This document is a real estate contract outlining the agreement between the Sellers (Estate of Beverly J. Lamansky and Lamansky Family Trust) and Buyers for the sale of a tract of land in Jefferson County, Iowa. It details the terms of sale, including the purchase price, payment schedule, tax responsibilities, insurance requirements, and various legal stipulations including handling of fixtures, remedies for breach, and special provisions related to the sale.
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How to fill out real estate contract

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How to fill out real estate contract

01
Title the document appropriately as 'Real Estate Purchase Agreement'.
02
Fill in the date of the agreement.
03
Include the names and contact information of the buyer and seller.
04
Provide a legal description of the property involved in the sale.
05
Specify the purchase price and payment terms.
06
Outline any contingencies (e.g., financing, inspections).
07
Include details about earnest money deposit.
08
Set deadlines for contingencies and closing date.
09
Provide space for signatures of both parties.
10
Include any additional terms or conditions relevant to the sale.

Who needs real estate contract?

01
Individuals looking to buy or sell residential or commercial property.
02
Real estate agents and brokers facilitating property transactions.
03
Investors purchasing properties for rental or resale.
04
Lawyers assisting clients in real estate transactions.
05
Banks and financial institutions involved in financing property purchases.
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A real estate contract is a legally binding agreement between parties regarding the purchase, sale, or lease of a property.
Typically, buyers, sellers, and real estate agents are required to file real estate contracts.
To fill out a real estate contract, include details such as the names of the parties, property description, purchase price, closing date, and any contingencies.
The purpose of a real estate contract is to clearly outline the terms and conditions of the transaction, protecting the interests of all parties involved.
Information that must be reported includes the parties' names, property address, sale price, payment terms, and any conditions or contingencies.
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