Complete Legal Kansas Home Sale Forms For Free

Draft of Agreement for Sale of a House The vendor will sell and the purchaser will purchase that entire house No....................... ... The purchaser has paid a sum of Rs. ................. as earnest money on ......................... ... The sale shall be completed within a period of.........

Any purchase agreement should include at least the following information: The identity of the buyer and seller. A description of the property being purchased. The purchase price. The terms as to how and when payment is to be made. The terms as to how, when, and where the goods will be delivered to the purchaser.

Definition: An agreement of sale constitutes the terms and conditions of sale of a property by the seller to the buyer. These terms and conditions include the amount at which it is to be sold and the future date of full payment.

Beyond the basic terms, make sure that you have included and are comfortable with all of these terms as laid out in the contract: Amount of earnest money deposit. Financing terms. Closing date. Possession date. Personal property and fixtures included in the sale. Right of inspection. Tax prorations. Contingencies.

First and foremost, a purchase agreement must outline the property at stake. It should include the exact address of the property and a clear legal description.

At its most basic, a purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.