Description: The Bexar Texas Contract for the Sale and Purchase of Real Estate NowNo Broke— - Residential Lot or Land is a legally binding document used in Bexar County, Texas, for the sale and purchase of residential lots or land without involving a real estate broker. This contract ensures transparency and clarity between the buyer and the seller, protecting both parties' rights and obligations. This contract covers various essential aspects of the real estate transaction, including property details, purchase price, payment terms, closing date, and contingencies. It also encompasses provisions for property inspections, title commitment, financing, and default remedies. The contract is designed to establish a fair and equitable agreement while following the laws and regulations of Texas. Different types of Bexar Texas Contracts for the Sale and Purchase of Real Estate NowNo Broke— - Residential Lot or Land may include: 1. Standard Residential Lot or Land Contract: This is the most common type of contract used for the sale and purchase of residential lots or land in Bexar County, Texas, where there are no additional unique circumstances or conditions. 2. Custom Residential Lot or Land Contract: This type of contract is tailored to a specific situation where the buyer and seller have agreed upon certain unique conditions or specifications. It may involve special requirements such as additional contingencies, specific deadlines, or alternative payment structures. 3. Contingent Residential Lot or Land Contract: In this type of contract, the sale and purchase agreement is contingent upon certain events or conditions. For example, the buyer may require the land to pass specific inspections, obtain financing, or receive approval for zoning or development permits before completing the transaction. 4. All-Cash Residential Lot or Land Contract: This contract is used when the buyer intends to purchase the residential lot or land with cash, without involving any financing or mortgage. Typically, an all-cash contract offers a faster and smoother transaction process. Regardless of the type, it is crucial for both buyers and sellers to thoroughly review and understand the Bexar Texas Contract for the Sale and Purchase of Real Estate NowNo Broke— - Residential Lot or Land to ensure compliance with all legal requirements and protect their respective interests. Engaging a real estate attorney or professional is advisable to provide legal advice and guidance throughout the transaction process.
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.