Topeka Kansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement

• Category: Kansas Real Estate - Home Sale
• State: Kansas
• City: Topeka
• Control #: KS-00472
• Format: Word; Rich Text

Description

This form is a Contract for the sale of real estate for use in Kansas. 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 Topeka Kansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legally binding document that outlines the terms and conditions of a real estate transaction in Topeka, Kansas. This agreement is specifically designed for residential home sales where no broker is involved. Key Features: 1. Property Details: This agreement includes a detailed description of the property being sold, including the address, legal description, and any additional features or amenities. 2. Purchase Price: The contract states the agreed-upon purchase price, which may include any negotiations or contingencies related to financing or appraisals. 3. Earnest Money: It outlines the amount of earnest money (a deposit) to be paid by the buyer to demonstrate their serious intent to purchase the property. 4. Financing Terms: This section specifies whether the buyer will be purchasing the property with cash or if financing will be involved. If financing is required, the terms of the loan (if known) can be included. 5. Seller's Representations: The seller has certain obligations to disclose any known defects or issues with the property, as well as providing information on any warranties or guarantees. 6. Contingencies: This section outlines any contingencies that must be met before the sale can be completed, such as the buyer's ability to secure financing or a satisfactory home inspection. 7. Closing and Possession: The agreement includes the anticipated closing date and outlines who will be responsible for various closing costs. It also specifies the date of possession when the buyer can take ownership of the property. Types of Topeka Kansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement: 1. Standard Agreement: This is the typical contract used for most residential home sales in Topeka, Kansas. 2. As-Is Agreement: This type of agreement is used when the property is being sold in its current condition, with no warranties or guarantees from the seller. 3. Lease-to-Own Agreement: This agreement allows the buyer to rent the property with an option to purchase it at a later date, usually within a specified timeframe. 4. Land Contract Agreement: This agreement is used when the buyer makes payments directly to the seller over time, with the seller retaining legal ownership until the final payment is made. In conclusion, the Topeka Kansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a comprehensive document that governs the terms and conditions of residential property sales in Topeka, Kansas. It caters to various scenarios and provides a framework for a smooth and legally binding transaction.

The Topeka Kansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a legally binding document that outlines the terms and conditions of a real estate transaction in Topeka, Kansas. This agreement is specifically designed for residential home sales where no broker is involved. Key Features: 1. Property Details: This agreement includes a detailed description of the property being sold, including the address, legal description, and any additional features or amenities. 2. Purchase Price: The contract states the agreed-upon purchase price, which may include any negotiations or contingencies related to financing or appraisals. 3. Earnest Money: It outlines the amount of earnest money (a deposit) to be paid by the buyer to demonstrate their serious intent to purchase the property. 4. Financing Terms: This section specifies whether the buyer will be purchasing the property with cash or if financing will be involved. If financing is required, the terms of the loan (if known) can be included. 5. Seller's Representations: The seller has certain obligations to disclose any known defects or issues with the property, as well as providing information on any warranties or guarantees. 6. Contingencies: This section outlines any contingencies that must be met before the sale can be completed, such as the buyer's ability to secure financing or a satisfactory home inspection. 7. Closing and Possession: The agreement includes the anticipated closing date and outlines who will be responsible for various closing costs. It also specifies the date of possession when the buyer can take ownership of the property. Types of Topeka Kansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement: 1. Standard Agreement: This is the typical contract used for most residential home sales in Topeka, Kansas. 2. As-Is Agreement: This type of agreement is used when the property is being sold in its current condition, with no warranties or guarantees from the seller. 3. Lease-to-Own Agreement: This agreement allows the buyer to rent the property with an option to purchase it at a later date, usually within a specified timeframe. 4. Land Contract Agreement: This agreement is used when the buyer makes payments directly to the seller over time, with the seller retaining legal ownership until the final payment is made. In conclusion, the Topeka Kansas Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement is a comprehensive document that governs the terms and conditions of residential property sales in Topeka, Kansas. It caters to various scenarios and provides a framework for a smooth and legally binding transaction.