This form is an Asset Purchase Agreement. The buyer agrees to purchase from the seller certain assets which are listed in the agreement. The form also provides a listing of certain assets which will be excluded from the sale. The form must be signed in the presence of a notary public.
Purchase Agreement For House In San Antonio
Category:
State:
Multi-State
City:
San Antonio
Control #:
US-00418
Format:
Word;
Rich Text
Instant download
Description
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A Texas residential purchase agreement outlines the terms and conditions of an offer to purchase real estate. (1) The seller must present the buyer with a general warranty deed to the property and show tax statements that prove they are not delinquent on their taxes.The sale actually consists of two transactions: 1) transferring the property to the buyer, and 2) paying off the existing mortgage on your home. It includes details like the buyer's and seller's names, property description, purchase price, and closing date. The purchase agreement outlines the buyer's offer price, along with contingencies, financing terms, closing costs, possession date, and more. Most residential transactions in Texas are completed using the TREC 1-4 Residential Contract for Resale.