Commercial real estate includes income producing property, such as office buildings, restaurants, shopping centers, hotels, industrial parks, warehouses, and factories. Commercial property usually must be zoned for business purposes.
A person licensed to arrange the buying and selling of real estate for a fee. A real estate broker acts as an intermediary between the parties selling and buying the real estate. Real estate brokers can also be called real estate salespersons, and the people who assist them (who are generally not required to be licensed) are generally called real estate agents.
Collin Texas Contract of Sale of Commercial Property with No Broker Involved A Contract of Sale of Commercial Property with No Broker Involved is a legal agreement entered into between the buyer and seller of a commercial property in Collin, Texas, without involving a real estate broker. This contract outlines the terms and conditions of the transaction, ensuring that both parties are protected and their rights and obligations are clearly defined. In Collin, Texas, there may be different types of contracts available for the sale of commercial property without a broker involved. Some of these variations may include: 1. Standard Collin Texas Contract of Sale of Commercial Property with No Broker Involved: This is the most common type of contract used for commercial property sales. It includes standard terms and conditions, such as the identification of the property being sold, purchase price, closing date, and contingencies. 2. Collin Texas Contract of Sale of Commercial Property with No Broker Involved with Financing: This type of contract is utilized when the buyer requires financing to complete the purchase. It includes additional clauses related to the process of obtaining and securing financing, such as mortgage contingencies and a timeline for loan approval. 3. Collin Texas Contract of Sale of Commercial Property with No Broker Involved for Cash Sale: In a cash sale, the buyer intends to purchase the property without relying on financing. This contract type focuses on the terms of payment, stipulating that the buyer will provide the entire purchase price in cash or certified funds. 4. Collin Texas Contract of Sale of Commercial Property with No Broker Involved and Special Conditions: This type of contract is employed when there are specific conditions or requirements unique to the property being sold or the buyer and seller's situation. Special conditions may include environmental assessments, lease agreements, tenant agreements, or any other specific requirements agreed upon by both parties. The Collin Texas Contract of Sale of Commercial Property with No Broker Involved also outlines the rights and responsibilities of both the buyer and seller. It typically covers important aspects such as earnest money, property inspections, title examinations, property taxes, and any potential liabilities associated with the property. It is essential to consult with a qualified attorney who specializes in commercial real estate to ensure the contract meets all legal requirements and adequately protects the interests of both parties involved. The attorney can also provide guidance and assistance in customizing the contract based on the specific needs and circumstances of the commercial property sale in Collin, Texas.
Collin Texas Contract of Sale of Commercial Property with No Broker Involved A Contract of Sale of Commercial Property with No Broker Involved is a legal agreement entered into between the buyer and seller of a commercial property in Collin, Texas, without involving a real estate broker. This contract outlines the terms and conditions of the transaction, ensuring that both parties are protected and their rights and obligations are clearly defined. In Collin, Texas, there may be different types of contracts available for the sale of commercial property without a broker involved. Some of these variations may include: 1. Standard Collin Texas Contract of Sale of Commercial Property with No Broker Involved: This is the most common type of contract used for commercial property sales. It includes standard terms and conditions, such as the identification of the property being sold, purchase price, closing date, and contingencies. 2. Collin Texas Contract of Sale of Commercial Property with No Broker Involved with Financing: This type of contract is utilized when the buyer requires financing to complete the purchase. It includes additional clauses related to the process of obtaining and securing financing, such as mortgage contingencies and a timeline for loan approval. 3. Collin Texas Contract of Sale of Commercial Property with No Broker Involved for Cash Sale: In a cash sale, the buyer intends to purchase the property without relying on financing. This contract type focuses on the terms of payment, stipulating that the buyer will provide the entire purchase price in cash or certified funds. 4. Collin Texas Contract of Sale of Commercial Property with No Broker Involved and Special Conditions: This type of contract is employed when there are specific conditions or requirements unique to the property being sold or the buyer and seller's situation. Special conditions may include environmental assessments, lease agreements, tenant agreements, or any other specific requirements agreed upon by both parties. The Collin Texas Contract of Sale of Commercial Property with No Broker Involved also outlines the rights and responsibilities of both the buyer and seller. It typically covers important aspects such as earnest money, property inspections, title examinations, property taxes, and any potential liabilities associated with the property. It is essential to consult with a qualified attorney who specializes in commercial real estate to ensure the contract meets all legal requirements and adequately protects the interests of both parties involved. The attorney can also provide guidance and assistance in customizing the contract based on the specific needs and circumstances of the commercial property sale in Collin, Texas.
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.