California Contract for the Sale and Purchase of Real Estate - No Broker - Seller Financing or All Cash - Residential

• Category: Real Estate - Contracts - Residential
• State: Multi-State
• Control #: US-00472A
• Format: Word; Rich Text

Description

This Contract is for the sale of a residence or multi-family dwelling where the sellers are to finance a portion of the purchase price or the buyer is to pay cash. The California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Seller Financing or All Cash — Residential is a legal document that outlines the terms and conditions for the sale and purchase of residential real estate in the state of California. It is specifically designed for transactions that do not involve a real estate broker and where the seller provides financing or the buyer pays in all cash. This contract includes various sections that cover important aspects of the transaction. These sections specify the names and contact information of both the buyer and seller, as well as the property address and legal description. It also outlines the purchase price, including the amount payable in cash and any seller financing terms. The contract includes a comprehensive description of the property, including its current condition and any included or excluded items. It may also specify any contingencies or conditions that need to be met before the sale can be finalized, such as inspections or obtaining financing. The responsibilities and obligations of both the buyer and seller are clearly defined in this contract. It outlines the timelines for various tasks, such as the delivery of any required disclosures, completion of inspections, and securing financing. Any penalties or consequences for breach of contract are also addressed. The contract may also include provisions for the allocation of closing costs and taxes between the buyer and seller. It may specify who will be responsible for title insurance and any associated fees. There may be different variations of this contract depending on whether the buyer is opting for seller financing or an all-cash purchase. These variations would include specific clauses related to the chosen to finance method and any associated terms and conditions. In summary, the California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Seller Financing or All Cash — Residential is a legally binding document tailored for residential real estate transactions in California that do not involve a real estate broker and where the seller provides financing or the buyer pays in all cash. It covers various aspects of the transaction, including property details, purchase price, contingency requirements, responsibilities, and closing obligations.

The California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Seller Financing or All Cash — Residential is a legal document that outlines the terms and conditions for the sale and purchase of residential real estate in the state of California. It is specifically designed for transactions that do not involve a real estate broker and where the seller provides financing or the buyer pays in all cash. This contract includes various sections that cover important aspects of the transaction. These sections specify the names and contact information of both the buyer and seller, as well as the property address and legal description. It also outlines the purchase price, including the amount payable in cash and any seller financing terms. The contract includes a comprehensive description of the property, including its current condition and any included or excluded items. It may also specify any contingencies or conditions that need to be met before the sale can be finalized, such as inspections or obtaining financing. The responsibilities and obligations of both the buyer and seller are clearly defined in this contract. It outlines the timelines for various tasks, such as the delivery of any required disclosures, completion of inspections, and securing financing. Any penalties or consequences for breach of contract are also addressed. The contract may also include provisions for the allocation of closing costs and taxes between the buyer and seller. It may specify who will be responsible for title insurance and any associated fees. There may be different variations of this contract depending on whether the buyer is opting for seller financing or an all-cash purchase. These variations would include specific clauses related to the chosen to finance method and any associated terms and conditions. In summary, the California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Seller Financing or All Cash — Residential is a legally binding document tailored for residential real estate transactions in California that do not involve a real estate broker and where the seller provides financing or the buyer pays in all cash. It covers various aspects of the transaction, including property details, purchase price, contingency requirements, responsibilities, and closing obligations.