The Delaware Contract for the Sale and Purchase of Real Estate NowNo Broke— - Residential Lot or Land is a legal document used in the state of Delaware to facilitate the sale and purchase of residential lots or land without the involvement of a real estate broker. This contract is specifically designed for residential properties, such as residential lots or land, and not for commercial or industrial purposes. It sets out the terms and conditions agreed upon by both the buyer and the seller, ensuring legality, clarity, and protection of both parties involved in the transaction. Some relevant keywords related to this contract include: 1. Contract: This refers to the legally binding agreement between the buyer and seller, outlining their obligations and rights in the transaction. 2. Sale and Purchase: This indicates that the contract facilitates the transfer of ownership rights from the seller to the buyer, incorporating all necessary clauses to ensure a smooth and lawful sale. 3. Real Estate: This term refers to property consisting of land, along with any structures or improvements on it. This contract specifically applies to residential lots or land. 4. No Broker: This highlights the absence of a real estate broker in the transaction, meaning that the buyer and seller are responsible for negotiating and completing the sale without the assistance of a licensed real estate professional. There might be different versions or variations of this contract, tailored to specific circumstances or additional provisions required by either party. However, information regarding specific types or variations of this contract was not provided in the initial request.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.