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This document is a formal agreement outlining the terms and conditions for the purchase of residential real estate in Georgia between a Buyer and a Seller. It contains sections detailing the parties involved, legal descriptions of the property, earnest money requirements, purchase price and terms, closing costs, and various contingencies related to financing, inspections, and appraisals. The agreement also addresses the responsibilities and rights of both parties, provisions for dispute...
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How to fill out georgia residential purchase agreement

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How to fill out georgia residential purchase agreement

01
Begin by entering the date of the agreement at the top.
02
Fill in the names of the buyer(s) and seller(s).
03
Specify the property address, including city, state, and zip code.
04
Clearly state the purchase price of the property.
05
Outline the earnest money deposit amount and how it will be handled.
06
Specify the closing date and any time frames for inspections or contingencies.
07
Include details about any included fixtures or personal property.
08
Specify any contingencies, such as home inspections, financing, or appraisal.
09
Both parties should sign and date the agreement at the bottom.

Who needs georgia residential purchase agreement?

01
Buyers looking to purchase a residential property in Georgia.
02
Sellers looking to formalize the sale of their residential property in Georgia.
03
Real estate agents or brokers facilitating the transaction.
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The Georgia Residential Purchase Agreement is a legally binding contract used in real estate transactions in Georgia, outlining the terms and conditions under which a property is bought and sold.
Both the buyer and the seller are required to sign the Georgia Residential Purchase Agreement, and it is typically the responsibility of the buyer's agent to submit the agreement to the appropriate authorities.
To fill out the Georgia Residential Purchase Agreement, parties should provide necessary details including buyer and seller information, property description, purchase price, terms of payment, and any contingencies or special conditions.
The purpose of the Georgia Residential Purchase Agreement is to legally document the agreement between the buyer and seller and to specify the terms under which the property will be sold and transferred.
The agreement must report details such as property address, buyer and seller names, purchase price, earnest money, closing date, and any contingencies or disclosures required by law.
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