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This Purchase Agreement is made between Cass County Joint Water Resource District and Cass County, North Dakota, regarding the sale and purchase of certain real property associated with the Fargo-Moorhead Area Diversion Project. It outlines the terms of sale, purchase price, closing date, and legal obligations of both parties.
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How to fill out purchase agreement

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How to fill out purchase agreement

01
Begin with the date of the agreement at the top.
02
Clearly identify the buyer and seller with full names and addresses.
03
Describe the property being sold, including address and legal description.
04
State the purchase price and how it will be paid (cash, financing, etc.).
05
Include any contingencies such as inspection, financing approval, or other conditions.
06
Outline the closing date and any relevant deadlines.
07
Specify what personal property is included in the sale (appliances, fixtures, etc.).
08
Add clauses regarding property disclosures and inspections.
09
Include signatures for both parties and the date of signing.

Who needs purchase agreement?

01
Buyers and sellers of real estate properties.
02
Real estate agents or brokers facilitating the transaction.
03
Investors looking to purchase properties.
04
Banks or financial institutions providing financing.
05
Legal professionals involved in real estate transactions.
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A purchase agreement is a legally binding contract between a buyer and a seller that outlines the terms and conditions for the sale of goods or services.
Typically, both parties involved in the transaction, the buyer and the seller, may be required to file the purchase agreement, especially in real estate transactions or for items where significant amounts are involved.
To fill out a purchase agreement, provide the names and addresses of both parties, describe the item or property being sold, list the purchase price, outline payment terms, and include any contingencies or conditions. It's advisable to review the agreement with a legal professional before signing.
The purpose of a purchase agreement is to formalize the sale of goods or services, ensuring that both parties understand their rights and responsibilities, and to provide legal protection in case of disputes.
On a purchase agreement, you must report the names and contact information of the buyer and seller, a detailed description of the item or property being purchased, the purchase price, payment terms, and any contingencies or additional clauses that apply to the sale.
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