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Dec 13, 2023 · Create Document. .PDF .DOC Create Document. A California residential real estate purchase agreement (“purchase and sale agreement”) is a written document that outlines the terms of a real estate transaction between a buyer and seller of real property. Terms include the purchase price, address of the property, closing date and more.
this Agreement, or terminate this Agreement and recover the Earnest Money, costs incurred in relation to this Agreement and _____. B. Title Insurance Policy. In all cases, the Seller undertakes to remove any encumbrance that will materially interfere with the procurement of a title insurance policy or financing necessary for the purchase of the ...
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C. THE TERMS OF THE PURCHASE ARE SPECIFIED BELOW AND ON THE FOLLOWING PAGES. D. Buyer and Seller are referred to herein as the “Parties.” Brokers and Agents are not Parties to this Agreement. 2. AGENCY: A. DISCLOSURE: The Parties each acknowledge receipt of a “Disclosure Regarding Real Estate Agency Relationships” (C.A.R.
agreement regarding fixing or remedying the unsatisfactory conditions (☐ on or before _____, 20_____), Buyer shall have the right to terminate this Agreement and be refund ed any amounts previously paid under this Agreement. 10. Title Insurance. As a condition to the Closing, Buyer shall obtain, at (Check one) ☐ Seller's ☐
The generic form is available in PDF or Word (.docx). Megan’s Law ( § 2079.10a (a) (3)) – All purchase agreements for residential properties in the state of California must include the “Megan’s Law” clause regarding sexual offenders. Methamphetamine ( § 25400.28) – If an individual is looking to sell a residential property that ...
May 30, 2024 · A California residential purchase agreement is a contract used by a buyer who agrees to purchase real estate from a seller for an agreed-upon sales price. The agreement must include all terms and contingencies related to the sale. Once signed by both parties, it becomes legally binding. Create Document.
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damaged prior to Closing, the Agreement may be terminated at Buyer’s option. 14. SELLER’S INDEMNIFICATION. Except as otherwise stated in this Agreement, after recording, the Buyer shall accept the Property AS IS, WHERE IS, with all defects, latent or otherwise. Neither Seller nor their licensed real estate agent(s) or any other agent(s) of the
