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

• Category: Real Estate - Contracts - Land or Lots
• State: Multi-State
• Control #: US-00472C
• Format: Word; Rich Text

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 Tennessee Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a legally binding document that outlines the terms and conditions for the sale and purchase of commercial lots or land in the state of Tennessee. This contract is specifically designed for transactions that do not involve the services of a real estate broker. The contract includes several key elements necessary for a comprehensive agreement. These elements include the identification of the parties involved, details of the property being sold, purchase price and payment terms, financing arrangements, contingencies, closing and possession dates, and any additional terms or conditions agreed upon by the buyer and seller. The contract also covers important provisions related to title and deed, including warranties, encumbrances, and the allocation of closing costs. It includes clauses that protect both parties' interests, such as default and remedies, dispute resolution, and attorney's fees and costs. It is important to note that there may be variations of this contract based on the type of commercial property being sold. Some examples of specific types of commercial properties or land that may have different contracts include industrial lots, office buildings, retail spaces, or agricultural land. These specific contracts may include additional clauses or terms that are unique to the particular type of property involved. Overall, the Tennessee Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a comprehensive legal document that ensures a clear understanding of the terms and conditions between the buyer and seller in the sale and purchase of commercial property in Tennessee. It is advised that both parties seek legal counsel to review and modify the contract if necessary to ensure their respective interests are properly protected.

The Tennessee Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a legally binding document that outlines the terms and conditions for the sale and purchase of commercial lots or land in the state of Tennessee. This contract is specifically designed for transactions that do not involve the services of a real estate broker. The contract includes several key elements necessary for a comprehensive agreement. These elements include the identification of the parties involved, details of the property being sold, purchase price and payment terms, financing arrangements, contingencies, closing and possession dates, and any additional terms or conditions agreed upon by the buyer and seller. The contract also covers important provisions related to title and deed, including warranties, encumbrances, and the allocation of closing costs. It includes clauses that protect both parties' interests, such as default and remedies, dispute resolution, and attorney's fees and costs. It is important to note that there may be variations of this contract based on the type of commercial property being sold. Some examples of specific types of commercial properties or land that may have different contracts include industrial lots, office buildings, retail spaces, or agricultural land. These specific contracts may include additional clauses or terms that are unique to the particular type of property involved. Overall, the Tennessee Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a comprehensive legal document that ensures a clear understanding of the terms and conditions between the buyer and seller in the sale and purchase of commercial property in Tennessee. It is advised that both parties seek legal counsel to review and modify the contract if necessary to ensure their respective interests are properly protected.