This form is a Contract for the sale of real estate for use in California. It can be used for a cash sale, assumption or new loan buyer. The contract contains provisions common to a real estate transaction. No broker involved.
El Monte, California Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legally binding document used in the city of El Monte, California, for buying or selling residential properties without the involvement of a real estate broker. This agreement outlines the terms and conditions of the property sale, protecting both the buyer and the seller. The El Monte Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement typically includes the following key sections: 1. Parties: It identifies the buyer and the seller, including their names and contact information. 2. Property Details: It provides a detailed description of the residential property being sold, including the address, lot size, and any included fixtures or personal property. 3. Purchase Price: It specifies the agreed-upon purchase price for the property and the payment method, whether it be a one-time payment or installment plan. 4. Earnest Money: It states the amount of earnest money to be deposited by the buyer as a sign of good faith and commitment to the purchase. 5. Contingencies: It outlines any contingencies that must be met for the sale to proceed, such as satisfactory home inspection, appraisal, or financing. 6. Disclosures: It requires the seller to disclose any known defects or issues with the property that may affect its value or desirability. 7. Closing Costs: It defines who will be responsible for paying various closing costs, including title insurance, escrow, and transfer taxes. 8. Closing Date: It specifies the agreed-upon date by which the sale must be completed. 9. Default: It explains the consequences if either party fails to fulfill their obligations under the agreement. 10. Signatures: It provides spaces for both the buyer and seller to sign and date the agreement, making it legally binding. While there may not be different types of El Monte California Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement specifically, variations can occur in terms of additional addendums or provisions agreed upon by both parties to address any specific circumstances or needs. However, the core structure and content of the agreement generally remain the same.El Monte, California Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legally binding document used in the city of El Monte, California, for buying or selling residential properties without the involvement of a real estate broker. This agreement outlines the terms and conditions of the property sale, protecting both the buyer and the seller. The El Monte Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement typically includes the following key sections: 1. Parties: It identifies the buyer and the seller, including their names and contact information. 2. Property Details: It provides a detailed description of the residential property being sold, including the address, lot size, and any included fixtures or personal property. 3. Purchase Price: It specifies the agreed-upon purchase price for the property and the payment method, whether it be a one-time payment or installment plan. 4. Earnest Money: It states the amount of earnest money to be deposited by the buyer as a sign of good faith and commitment to the purchase. 5. Contingencies: It outlines any contingencies that must be met for the sale to proceed, such as satisfactory home inspection, appraisal, or financing. 6. Disclosures: It requires the seller to disclose any known defects or issues with the property that may affect its value or desirability. 7. Closing Costs: It defines who will be responsible for paying various closing costs, including title insurance, escrow, and transfer taxes. 8. Closing Date: It specifies the agreed-upon date by which the sale must be completed. 9. Default: It explains the consequences if either party fails to fulfill their obligations under the agreement. 10. Signatures: It provides spaces for both the buyer and seller to sign and date the agreement, making it legally binding. While there may not be different types of El Monte California Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement specifically, variations can occur in terms of additional addendums or provisions agreed upon by both parties to address any specific circumstances or needs. However, the core structure and content of the agreement generally remain the same.
