[Hawaii Sample Letter for Execute a Contract for the Sale and Purchase of the Property] Dear [Buyer/Seller's Name], I hope this letter finds you well. I am writing to formally execute a contract for the sale and purchase of the property located in Hawaii, with the following details: 1. Property Details: — Address: [Property Address— - Legal Description: [Legal Description] 2. Sellers: — Name: [Seller's Name— - Contact Details: [Seller's Address, Phone Number, and Email] 3. Buyers: — Name: [Buyer's Name— - Contact Details: [Buyer's Address, Phone Number, and Email] 4. Purchase Price and Terms: — Purchase Price: [Agreed upon purchase price] — Payment Method: [Specify if cash, loan, or other financing method] — Deposit: [Amount of deposit, if applicable] — Financing Contingency: [Specify if applicable] — Closing Date: [Agreed upon closing date] 5. Property Condition and Disclosures: — Property Condition: The property shall be sold in its present condition, unless otherwise agreed upon in writing. — Disclosures: The Seller shall provide all necessary disclosures as required by Hawaii law. 6. Title and Closing: — Title Company: [Name of the title company handling the transaction] — Closing Costs: [Detail who will be responsible for the payment of closing costs and specify any agreed upon allocation] 7. Contingencies: — Inspection: [Specify the timeframe and conditions for the buyer's inspection] — Appraisal: [Specify if an appraisal is required] — Other Contingencies: [Specify any additional contingencies agreed upon] 8. Dispute Resolution: — Mediation: In the event of a dispute, both parties agree to attempt mediation before pursuing legal action. — Governing Law: The laws of the state of Hawaii shall govern this contract. Please note that this letter is intended to serve as a preliminary agreement, and both parties are encouraged to consult with legal professionals to ensure a complete and legally binding contract is executed. Upon approval and execution of this contract, both parties agree to move forward in good faith towards the successful completion of this sale and purchase transaction. Please sign and date this letter in the spaces provided below to acknowledge your acceptance and agreement to the terms outlined herein. Seller's Name: ______________________ Seller's Signature: ______________________ Date: ______________________ Buyer's Name: ______________________ Buyer's Signature: ______________________ Date: ______________________ Thank you for your attention to this matter, and I look forward to a successful real estate transaction. Sincerely, [Your Name] [Your Contact Information]