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This Purchase and Sale Agreement outlines the terms under which Ailene M. Pritchett and others (the Grantors) agree to sell approximately 49.39 acres of real property in Napa County, California, to the Napa County Flood Control and Water Conservation District (the Grantee) for the purpose of wetland restoration and public open space creation. The agreement includes terms on purchase price, conditions for sale, rights, and responsibilities of both parties, as well as funding sources for the...
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A purchase and sale agreement is a legal document that outlines the terms and conditions for the sale of a property. It serves as a binding contract between the buyer and the seller.
Typically, both the buyer and the seller are required to sign and file the purchase and sale agreement, as it signifies their mutual consent to the transaction.
To fill out a purchase and sale agreement, both parties need to provide their names, the property details, the purchase price, contingencies, closing date, and any warranties or disclosures.
The purpose of a purchase and sale agreement is to define the rights and obligations of both parties involved in the real estate transaction, ensuring clarity and legal protection.
The purchase and sale agreement must report information such as buyer and seller names, property description, purchase price, terms of payment, closing date, and any conditions or contingencies.
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