Arizona Sample Letter for Confirmation of Purchase Agreement

• Category: Letters - Nonlegal - Confirmation
• State: Multi-State
• Control #: US-0296LR
• Format: Word; Rich Text

Description

Sample Letter for Confirmation of Purchase Agreement [Your Name] [Your Address] [City, State, Zip] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip] Subject: Confirmation of Purchase Agreement — [Property Address] Dear [Recipient's Name], I hope this letter finds you well. I am writing to confirm our recent purchase agreement regarding the property located at [Property Address]. The purpose of this letter is to ensure that both parties involved acknowledge and understand the terms and conditions outlined in the agreement. Firstly, I confirm my intention to purchase the aforementioned property based on the terms discussed and agreed upon in the purchase agreement dated [Agreement Date]. The buyer, [Buyer's Name], and the seller, [Seller's Name], both acknowledge and accept the terms and conditions specified in the agreement. The key elements of the purchase agreement are as follows: 1. Purchase Price: The agreed-upon purchase price for the property is [amount], payable as follows: [payment Terms]. 2. Property Details: The property to be purchased is situated at [Property Address], with details including [Property Description]. 3. Condition of Property: All parties acknowledge that the property is being sold in its [As-Is/As-Described] condition, and the buyer has been given reasonable opportunity to inspect the property before entering into this agreement. 4. Deposit: The buyer has submitted a deposit of [amount] on [Deposit Date], demonstrating their commitment to the purchase. 5. Financing: The buyer confirms that they have secured appropriate financing for the purchase. If applicable, the buyer agrees to provide all necessary documents and cooperate with the lender to fulfil the loan requirements. 6. Closing Date: The closing of this purchase agreement is scheduled to take place on or before [Closing Date]. The location and time of the closing will be communicated prior to the scheduled date. 7. Default and Remedies: The agreement includes provisions outlining the rights and remedies available to each party in the event of default or breach of contract. 8. Closing Costs: The agreement specifies how closing costs are to be shared between the buyer and the seller. These costs may include but are not limited to title insurance, recording fees, transfer taxes, and escrow fees. It is crucial that both parties carefully review this confirmation letter and the attached purchase agreement to ensure that all terms and details are accurate and satisfactory. Should there be any concerns or discrepancies, please notify me immediately to address them accordingly. Please sign and return a copy of this letter, indicating your acceptance and acknowledgment of the contents discussed herein. I kindly request that you do so no later than [Response Deadline] to ensure a smooth and timely transaction. Thank you for your cooperation in this matter. I look forward to completing this agreement successfully and proceeding with the purchase of the property. Should you have any questions or require further information, please do not hesitate to contact me at [Phone Number] or [Email Address]. Yours sincerely, [Your Name] Enclosure: Purchase Agreement (Copy)

[Your Name] [Your Address] [City, State, Zip] [Email Address] [Phone Number] [Date] [Recipient's Name] [Recipient's Address] [City, State, Zip] Subject: Confirmation of Purchase Agreement — [Property Address] Dear [Recipient's Name], I hope this letter finds you well. I am writing to confirm our recent purchase agreement regarding the property located at [Property Address]. The purpose of this letter is to ensure that both parties involved acknowledge and understand the terms and conditions outlined in the agreement. Firstly, I confirm my intention to purchase the aforementioned property based on the terms discussed and agreed upon in the purchase agreement dated [Agreement Date]. The buyer, [Buyer's Name], and the seller, [Seller's Name], both acknowledge and accept the terms and conditions specified in the agreement. The key elements of the purchase agreement are as follows: 1. Purchase Price: The agreed-upon purchase price for the property is [amount], payable as follows: [payment Terms]. 2. Property Details: The property to be purchased is situated at [Property Address], with details including [Property Description]. 3. Condition of Property: All parties acknowledge that the property is being sold in its [As-Is/As-Described] condition, and the buyer has been given reasonable opportunity to inspect the property before entering into this agreement. 4. Deposit: The buyer has submitted a deposit of [amount] on [Deposit Date], demonstrating their commitment to the purchase. 5. Financing: The buyer confirms that they have secured appropriate financing for the purchase. If applicable, the buyer agrees to provide all necessary documents and cooperate with the lender to fulfil the loan requirements. 6. Closing Date: The closing of this purchase agreement is scheduled to take place on or before [Closing Date]. The location and time of the closing will be communicated prior to the scheduled date. 7. Default and Remedies: The agreement includes provisions outlining the rights and remedies available to each party in the event of default or breach of contract. 8. Closing Costs: The agreement specifies how closing costs are to be shared between the buyer and the seller. These costs may include but are not limited to title insurance, recording fees, transfer taxes, and escrow fees. It is crucial that both parties carefully review this confirmation letter and the attached purchase agreement to ensure that all terms and details are accurate and satisfactory. Should there be any concerns or discrepancies, please notify me immediately to address them accordingly. Please sign and return a copy of this letter, indicating your acceptance and acknowledgment of the contents discussed herein. I kindly request that you do so no later than [Response Deadline] to ensure a smooth and timely transaction. Thank you for your cooperation in this matter. I look forward to completing this agreement successfully and proceeding with the purchase of the property. Should you have any questions or require further information, please do not hesitate to contact me at [Phone Number] or [Email Address]. Yours sincerely, [Your Name] Enclosure: Purchase Agreement (Copy)