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Contract for the Sale and Purchase of Real Estate - No Broker -...

Kansas Contract for the Sale and Purchase of Real Estate - No Broker - Commercial Lot or Land

Name: Kansas Contract for the Sale and Purchase of Real Estate - No Broker - Commercial Lot or Land
Brand: US Legal Forms
Rating: 4.57 (441 reviews)

Category:

Real Estate - Contracts - Land or Lots

State:

Multi-State

Control #:

US-00472C

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Description

This form is a Contract for the Sale and Purchase of Commercial Real Estate. The form requires information such as: property condition, earnest money, taxes pro ration and utilities. The form provides that the seller has agreed to sell and the buyer will purchase the property described in the form. This contract also contains a contingency for purchase based upon the sale of another property owned by the buyer. The Kansas Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a legally binding agreement used for the sale and purchase of commercial properties in Kansas, specifically commercial lots or land. This contract is designed for transactions where no real estate broker is involved in the transaction. The contract outlines various terms and conditions, including the identification of the buyer and the seller, a detailed description of the property being sold, purchase price, and payment terms. It also includes provisions for earnest money deposits, financing contingencies, and the allocation of closing costs. The Kansas Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a comprehensive document that covers all essential aspects of the transaction, ensuring the lawful and secure transfer of ownership. It adheres to the state's legal requirements and provides protection for both the buyer and the seller. It is important to note that there may be different versions or variations of this contract available, tailored to specific situations or circumstances. Some examples may include contracts for specific types of commercial properties, such as industrial lots or vacant land intended for development. These variations may contain additional or modified provisions to fit the unique requirements of the specific transaction. It is advisable to consult a real estate attorney or a trusted professional to ensure the use of the appropriate contract version for a specific commercial lot or land sale in Kansas.

The Kansas Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a legally binding agreement used for the sale and purchase of commercial properties in Kansas, specifically commercial lots or land. This contract is designed for transactions where no real estate broker is involved in the transaction. The contract outlines various terms and conditions, including the identification of the buyer and the seller, a detailed description of the property being sold, purchase price, and payment terms. It also includes provisions for earnest money deposits, financing contingencies, and the allocation of closing costs. The Kansas Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a comprehensive document that covers all essential aspects of the transaction, ensuring the lawful and secure transfer of ownership. It adheres to the state's legal requirements and provides protection for both the buyer and the seller. It is important to note that there may be different versions or variations of this contract available, tailored to specific situations or circumstances. Some examples may include contracts for specific types of commercial properties, such as industrial lots or vacant land intended for development. These variations may contain additional or modified provisions to fit the unique requirements of the specific transaction. It is advisable to consult a real estate attorney or a trusted professional to ensure the use of the appropriate contract version for a specific commercial lot or land sale in Kansas.

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How to fill out Kansas Contract For The Sale And Purchase Of Real Estate - No Broker - Commercial Lot Or Land?

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FAQ

The bottom line is: Real estate contracts must always be in writing in order to be enforceable. While laws may vary from state to state, most states have a Statute of Frauds that applies.

What is included in the contract?The names of the vendor and purchaser.The address of the property.The deposit amount and due date.The sale price.The date of the property settlement and whether there are any conditions.Whether the property is available as 'vacant possession' or 'subject to a lease'More items...

How to Fill Out a Residential Purchase AgreementPlace the name(s) of the seller(s) on the contract.Write the date of the offer on the agreement.Add the purchase price to the contract.Include a request for the seller to provide a clear title and deed for the property.More items...

Any purchase agreement should include at least the following information:The identity of the buyer and seller.A description of the property being purchased.The purchase price.The terms as to how and when payment is to be made.The terms as to how, when, and where the goods will be delivered to the purchaser.More items...?

How to write a real estate purchase agreement.Identify the address of the property being purchased, including all required legal descriptions.Identify the names and addresses of both the buyer and the seller.Detail the price of the property and the terms of the purchase.Set the closing date and closing costs.More items...

Formal Versus Informal Contracts The contract contains an offer for some type of good or service, an acceptance of the offer, and consideration, or payment, for the goods or service delivered. An informal contract, by contrast, does not have to be signed or even written.

To sell your own home (known as a For Sale By Owner or FSBO), you'll take on all the traditional work of a real estate agent. First, set a competitive listing price. Then prep your home, making repairs and adding curb appeal. Next, you'll be in charge of marketing the home, including open houses and showings.

Sales of real estate fall under the Statute of Frauds, and so all contracts for the sale of a home must be in writing.

Statute of Frauds: A statute which requires certain types of contracts to be in writing in order to be enforceable.

Unlike some states, Kansas law does not require a standardized seller property disclosure form, although real estate agents often use a form designed to encompass standard disclosures. A potential buyer should always carefully review each item in any disclosure statement provided by a seller.

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EARNEST MONEY DEPOSIT - PARTIES TO CONTRACT - PROPERTY.Broker hereby acknowledges receipt of Earnest Money in the amount of ($. ) ...2 pages EARNEST MONEY DEPOSIT - PARTIES TO CONTRACT - PROPERTY.Broker hereby acknowledges receipt of Earnest Money in the amount of ($. ) ... 2. purchase. 3. lease commercial property. NOTE: Kansas does not require a license to do residential rental. 4. list. 5. auction or assist by procuring bids.33 pages 2. purchase. 3. lease commercial property. NOTE: Kansas does not require a license to do residential rental. 4. list. 5. auction or assist by procuring bids.Sale of Buyer's Property - Not Under ContractBrokers, if applicable, will create a valid and binding Contract, which sets forth their complete ...5 pages Sale of Buyer's Property - Not Under ContractBrokers, if applicable, will create a valid and binding Contract, which sets forth their complete ... No delinquent property taxes were included in the saleNo: Private purchase (not offered on the open market)Commercial/Industrial bldg. guilty of a ...2 pages No delinquent property taxes were included in the saleNo: Private purchase (not offered on the open market)Commercial/Industrial bldg. guilty of a ... 1031 exchanges. In addition to assisting clients in both the purchase and the sale of commercial property in Kansas and Missouri, our attorneys handle real ... A real estate agent is essentially a salesperson, qualified to help consumers buy or sell a property. A real estate broker is a step up the professional food ... Sales tax is not imposed on the sale of real or intangible property.See the following Contractor Purchases section for a discussion of the specific ... The Seller is selling this property in ?As Is? condition.purchase contract if their home does not sell within a specified time period. Looking to sell or transfer ownership of a property without a realtor?Deed) is a contract between a seller and buyer of real estate, ... For sale with RE/MAX , the property was constructed in 1870 ?and commercial real estate sales and rental brokerage firm located in Williamsburg, ...

Kansas Contract for the Sale and Purchase of Real Estate - No Broker - Commercial Lot or Land

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