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This document is a legal agreement between Shane B. Davis & Cassandra L. Davis as the sellers and the buyer for the purchase of real estate located in Indiana. It outlines the terms and conditions of the sale, including purchase price, earnest money, title status, closing procedures, taxes, and disclaimers regarding the property being sold \'as-is\'. This agreement serves to protect both parties and ensure clarity in the real estate transaction process.
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What is real estate purchase agreement?
A real estate purchase agreement is a legally binding contract between a buyer and a seller outlining the terms of a real estate transaction, including the property details, purchase price, and conditions for sale.
Who is required to file real estate purchase agreement?
Typically, the buyer or the seller is required to file the real estate purchase agreement, often through their real estate agent or attorney.
How to fill out real estate purchase agreement?
To fill out a real estate purchase agreement, both parties should provide their complete names, property address, sales price, payment method, closing date, and any contingencies or special conditions.
What is the purpose of real estate purchase agreement?
The purpose of a real estate purchase agreement is to outline the terms of the sale, protect both parties' interests, and serve as a reference in the event of disputes.
What information must be reported on real estate purchase agreement?
The real estate purchase agreement must report details such as the buyer's and seller's names, property description, offer price, deposit amount, financing details, closing date, and any contingencies.
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