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This document is a legal agreement dated as of 2016, between Charleen Bernadette Dunn and William Wayne Voorhees (the \'SELLER\') and the County of San Bernardino (the \'BUYER\'). It outlines the terms for the sale of a 1.29-acre vacant land located on Twentynine Palms Highway, intended for the construction of a Crisis Residential Treatment Facility funded by The Mental Health Act of 2013. The property will be sold for $27,500 on an \'AS-IS\' basis, processed through escrow managed by...

How to fill out purchase and sale agreement

How to fill out purchase and sale agreement

1. Title the document as 'Purchase and Sale Agreement'.
2. Clearly identify the parties involved (buyer and seller) with their names and contact information.
3. Provide a detailed description of the property being sold, including address and any relevant legal descriptions.
4. State the purchase price and payment terms (e.g., deposit amount, financing details).
5. Include any contingencies, such as inspections, financing approvals, or other conditions that must be met.
6. Outline the timeline for the transaction, including dates for deposits, inspections, and closing.
7. Specify the closing costs and who will be responsible for them.
8. Include any additional terms or conditions that are agreed upon by both parties.
9. Provide space for both parties to sign and date the agreement.

Who needs purchase and sale agreement?

1. Individuals buying or selling real estate properties.
2. Real estate agents and brokers facilitating transactions.
3. Legal professionals involved in property transactions.
4. Investors who are purchasing properties for investment purposes.
5. Anyone involved in a transaction requiring the transfer of ownership of property.

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What is purchase and sale agreement?

A purchase and sale agreement is a legal document that outlines the terms and conditions of a transaction between a buyer and a seller. It typically includes details such as the price, description of the property or goods being sold, and the obligations of both parties.

Who is required to file purchase and sale agreement?

Generally, both the buyer and seller are required to agree and sign the purchase and sale agreement. Depending on the jurisdiction, one or both parties may need to file the agreement with the appropriate local or state authority.

How to fill out purchase and sale agreement?

To fill out a purchase and sale agreement, both parties should provide their legal names, contact information, property or item details, sale price, any contingencies, and required signatures. Legal advice is recommended to ensure all necessary clauses are included.

What is the purpose of purchase and sale agreement?

The purpose of a purchase and sale agreement is to create a binding commitment between the buyer and seller, ensuring clarity on the terms of the sale and providing legal protection for both parties.

What information must be reported on purchase and sale agreement?

The purchase and sale agreement must include the names of the buyer and seller, a description of the property or items being sold, the purchase price, the closing date, any contingencies, and signatures from both parties.