This form is an Agreement for the Purchase and Sale of a Single Family Residence. The form provides sections for the following information: Name of the Seller, Name of the Buyer, and the Legal Description of the Property.
The Washington Agreement for Sale, Short Form — Residential is a legally binding document commonly used in real estate transactions in the state of Washington, United States. This agreement outlines the terms and conditions for the sale of a residential property between a buyer and a seller. It is designed to protect the interests of both parties involved in the transaction and ensure a smooth and transparent sale process. Key terms and keywords associated with the Washington Agreement for Sale, Short Form — Residential include: 1. Washington State: This agreement is specific to the state of Washington and adheres to its real estate laws and regulations. 2. Agreement for Sale: The agreement refers to the contract between the buyer and seller, outlining their mutual obligations, rights, and responsibilities throughout the sale process. 3. Short Form: The term "short form" signifies that this agreement is a condensed version, compared to a more comprehensive agreement, while still including essential provisions. 4. Residential Property: The agreement focuses on the sale of residential properties, including single-family homes, townhouses, condominiums, or cooperative units intended for dwelling purposes. 5. Legal Requirements: The Washington Agreement for Sale, Short Form — Residential considers legal prerequisites for a valid contract, including offer and acceptance, consideration, and legal capacity of the parties involved. 6. Purchase Price: The agreement specifies the agreed-upon purchase price for the residential property. 7. Earnest Money: This term refers to the buyer's deposit, usually held in escrow, as a demonstration of good faith and commitment to completing the sale. 8. Closing Date: The agreement defines the date by which the sale is expected to be finalized, including the transfer of ownership and possession of the residential property. It's worth noting that there are different variations or versions of the Washington Agreement for Sale, Short Form — Residential, tailored to specific circumstances or additional clauses. Some versions may include provisions for contingencies, financing arrangements, property inspections, or specific terms related to new construction or condominium conversions. However, the specified keywords mentioned above are common across all versions, emphasizing their relevance to the agreement's nature and purpose.
The Washington Agreement for Sale, Short Form — Residential is a legally binding document commonly used in real estate transactions in the state of Washington, United States. This agreement outlines the terms and conditions for the sale of a residential property between a buyer and a seller. It is designed to protect the interests of both parties involved in the transaction and ensure a smooth and transparent sale process. Key terms and keywords associated with the Washington Agreement for Sale, Short Form — Residential include: 1. Washington State: This agreement is specific to the state of Washington and adheres to its real estate laws and regulations. 2. Agreement for Sale: The agreement refers to the contract between the buyer and seller, outlining their mutual obligations, rights, and responsibilities throughout the sale process. 3. Short Form: The term "short form" signifies that this agreement is a condensed version, compared to a more comprehensive agreement, while still including essential provisions. 4. Residential Property: The agreement focuses on the sale of residential properties, including single-family homes, townhouses, condominiums, or cooperative units intended for dwelling purposes. 5. Legal Requirements: The Washington Agreement for Sale, Short Form — Residential considers legal prerequisites for a valid contract, including offer and acceptance, consideration, and legal capacity of the parties involved. 6. Purchase Price: The agreement specifies the agreed-upon purchase price for the residential property. 7. Earnest Money: This term refers to the buyer's deposit, usually held in escrow, as a demonstration of good faith and commitment to completing the sale. 8. Closing Date: The agreement defines the date by which the sale is expected to be finalized, including the transfer of ownership and possession of the residential property. It's worth noting that there are different variations or versions of the Washington Agreement for Sale, Short Form — Residential, tailored to specific circumstances or additional clauses. Some versions may include provisions for contingencies, financing arrangements, property inspections, or specific terms related to new construction or condominium conversions. However, the specified keywords mentioned above are common across all versions, emphasizing their relevance to the agreement's nature and purpose.