This form is a Contract for the sale of real estate for use in Florida. 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.
The Orange Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is an essential legal document used in the state of Florida, specifically in the county of Orange. This agreement outlines the terms and conditions involved in the sale and purchase of a residential property without the involvement of a real estate broker. This contract includes all the pertinent details related to the transaction, ensuring a smooth and legally binding transfer of ownership. It is crucial for both the buyer and the seller to carefully review and understand the provisions outlined in the agreement before signing. Key elements typically covered in the Orange Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement may include: 1. Property Details: The contract provides comprehensive information about the property, such as its legal description, address, and tax identification number (if applicable). These details ensure that the agreement specifically pertains to the intended property. 2. Purchase Price: The contract specifies the agreed-upon purchase price for the property. Both parties must ensure this amount is clearly stated and agreed upon. 3. Earnest Money Deposit: This section outlines the buyer's obligation to provide an earnest money deposit as a sign of good faith. The amount of the deposit and the deadline for its submission should be clearly stated. 4. Financing Contingencies: If the buyer intends to obtain financing for the purchase, the contract may include contingencies related to loan approval, appraisal, or other financial aspects. This section protects the buyer's interests and allows them to back out of the agreement if financing cannot be obtained. 5. Inspections and Disclosures: The contract should provide detailed provisions for property inspections and disclosures. This may include the right for the buyer to conduct inspections for potential issues or defects and the seller's obligation to disclose any known problems. 6. Closing and Escrow: The contract outlines the closing process, including the agreed-upon date, location, and who will handle the closing and escrow procedures. It's important to note that variations of this contract may exist with slight modifications tailored for specific situations. However, the aforementioned key elements are commonly found in the Orange Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement.The Orange Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is an essential legal document used in the state of Florida, specifically in the county of Orange. This agreement outlines the terms and conditions involved in the sale and purchase of a residential property without the involvement of a real estate broker. This contract includes all the pertinent details related to the transaction, ensuring a smooth and legally binding transfer of ownership. It is crucial for both the buyer and the seller to carefully review and understand the provisions outlined in the agreement before signing. Key elements typically covered in the Orange Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement may include: 1. Property Details: The contract provides comprehensive information about the property, such as its legal description, address, and tax identification number (if applicable). These details ensure that the agreement specifically pertains to the intended property. 2. Purchase Price: The contract specifies the agreed-upon purchase price for the property. Both parties must ensure this amount is clearly stated and agreed upon. 3. Earnest Money Deposit: This section outlines the buyer's obligation to provide an earnest money deposit as a sign of good faith. The amount of the deposit and the deadline for its submission should be clearly stated. 4. Financing Contingencies: If the buyer intends to obtain financing for the purchase, the contract may include contingencies related to loan approval, appraisal, or other financial aspects. This section protects the buyer's interests and allows them to back out of the agreement if financing cannot be obtained. 5. Inspections and Disclosures: The contract should provide detailed provisions for property inspections and disclosures. This may include the right for the buyer to conduct inspections for potential issues or defects and the seller's obligation to disclose any known problems. 6. Closing and Escrow: The contract outlines the closing process, including the agreed-upon date, location, and who will handle the closing and escrow procedures. It's important to note that variations of this contract may exist with slight modifications tailored for specific situations. However, the aforementioned key elements are commonly found in the Orange Florida Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement.
