Sale of Another Property. Buyer’s performance under this Agreement: (check one) ☐ - Shall not be contingent upon selling another property. ☐ - Shall be contingent upon selling another property with a mailing address of , City of , State of within days from the Effective Date.
Sale of Another Property. This requires, first, the entry of the street address for the property that must be sold and, second, the city of this property’s mailing address. The second set of blank lines shall finish up the report on the Land Purchaser’s property. Report the state in the property mailing address to complete the definition of the Land Purchaser’s property then, on the line that follows, record how many “Days” after the effective date (named in the first article) the Land Purchaser is afforded to close his or her own property sale. This is important documentation since very few Land Sellers would be able or willing to wait indefinitely for the Land Purchaser to proceed. Step 20 – Assign The Closing Costs To One Party’s Obligation There will usually be costs associated with the land sale that must be paid in order for it to complete successfully. For instance, there may be a title search required, recording fees with the local jurisdiction, etc. The decision of whether the Land Seller or Purchaser is to cover these costs when the time comes will be handled in Article “VI. Closing Costs” where one of three check boxes must be selected. Thus, xxxx the “Buyer” checkbox if the Land Purchaser is to pay the closing costs, select the “Seller” checkbox if the Land Seller must pay the costs of closing, or check the “Both Parties” check box if the Land Purchaser and Seller agree to share the closing costs of this land sale. Step 21 – Verify The Closing Date And Time As mentioned earlier, the majority of Land Sellers will wish to close a deal within a reasonable amount of time. Thus, the exact date and time when the sale of this land must be completed or closed should be presented in Article “VIII.
Sale of Another Property. Buyer’s obligations under this Agreement are contingent upon Buyer’s sale and closing of Buyer’s property located at: XXXXXXX MONEY. After acceptance by all Parties, the Buyer agrees to make a payment in the amount of $ (“Xxxxxxx Money”) as consideration no later than , 20 at ☐AM ☐PM. The Xxxxxxx Money shall be applied to the Purchase Price at Closing and subject to Buyer’s ability to perform under the terms of this Agreement. Any Xxxxxxx Money accepted ☐is ☐is not required to be placed in a separate trust or escrow account in accordance with State law. DISCLOSURES. Seller shall provide Buyer with all disclosures, including signed disclosure forms, as required by federal, state and local law. Seller shall disclose to Buyer in writing any defects in the Property known to Seller that materially affect the value or quiet enjoyment of the Property. Buyer’s obligations under this Agreement are contingent upon Buyer’s review and approval of all required Seller disclosures and reports, including any preliminary title report. It is acknowledged by the Parties that: ❑ There are no attached addendums or disclosures to this Agreement. ❑ The following addendums or disclosures are attached to this Agreement: ❑ Lead-Based Paint Disclosure Form ❑ Other: ❑ Other: ❑ Other: SELLER REPRESENTATIONS AND WARRANTIES. Seller represents and warrants that:
Sale of Another Property. State whether the agreement is contingent upon the buyer first selling a property also referred to as a home contingency. If yes, provide the street address of the buyer’s property that must be sold. Step 9 – Fill in Representations and Warranties 14.
Sale of Another Property. Buyer’s obligations under this Agreement are contingent upon Buyer’s sale and closing of Buyer’s property located at:
Sale of Another Property. Purchaser’s performance under this Agreement: (check one) ☐ Shall NOT be contingent upon selling another property. ☐ Shall be contingent upon selling another property located at: .
Sale of Another Property. Buyer’s obligations under this Agreement are contingent upon Buyer’s sale and closing of Buyer’s property located at: ______________________________ ______________________________________________________________________________________________________________________________________________________________________________________
Sale of Another Property. This requires, first, the entry of the street address for the property that must be sold and, second, the city of this property’s mailing address. The second set of blank lines shall finish up the report on the Land Purchaser’s property. Report the state in the property mailing address to complete the definition of the Land Purchaser’s property then, on the line that follows, record how many “Days” after the effective date (named in the first article) the Land Purchaser is afforded to close his or her own property sale. This is important documentation since very few Land Sellers would be able or willing to wait indefinitely for the Land Purchaser to proceed. Step 20 – Assign The Closing Costs To One Party’s Obligation There will usually be costs associated with the land sale that must be paid in order for it to complete successfully. For instance, there may be a title search required, recording fees with the local jurisdiction, etc. The decision of whether the Land Seller or Purchaser is to cover these costs when the time comes will be handled in Article “VI. Closing Costs” where one of three check boxes must be selected. Thus, mark the “Buyer” checkbox if the Land Purchaser is to pay the closing costs,
