Collin Texas Addendum for Sale of Other Property by Buyer

State:
Multi-State
County:
Collin
Control #:
US-00472-A7
Format:
Word; 
Rich Text
Instant download

Description

Attaching this addendum makes the Real Estate Purchase Contract contingent on Buyer's sale of other property by a date certain. Ideal if Buyer must sell their old home before buying the new residence. Collin Texas Addendum for Sale of Other Property by Buyer is a legal document that is commonly used in real estate transactions in Collin County, Texas. This addendum is specifically designed for buyers who wish to sell their existing property in order to finance the purchase of a new property. The Collin Texas Addendum for Sale of Other Property by Buyer serves as an extension to the standard purchase agreement, allowing the buyer to include a contingency clause related to the sale of their current property. This contingency clause protects the buyer by stating that their offer to purchase the new property is contingent upon the successful sale of their existing property within a specified timeframe. This addendum ensures that the buyer has enough time to market and sell their property while also securing the new property. It provides a clear timeline and guidelines for both parties involved in the transaction. There are no specific types of Collin Texas Addendum for Sale of Other Property by Buyer, as it is a general addendum that can be customized to meet the individual needs of the buyer and seller. However, there may be variations or modifications to the language used in the addendum based on the unique circumstances of the transaction. Some relevant keywords that can be used in the context of Collin Texas Addendum for Sale of Other Property by Buyer include: 1. Collin County real estate 2. Collin Texas property transactions 3. Real estate addendum in Collin Texas 4. Buying and selling property in Collin County 5. Contingency clause for the sale of other property 6. Collin Texas real estate contracts 7. Property purchase addendum 8. Collin County real estate agreements 9. Selling property before buying in Collin Texas 10. Timing contingency in real estate transactions It is important to consult with a qualified real estate attorney or agent when drafting or using the Collin Texas Addendum for Sale of Other Property by Buyer to ensure compliance with local, state, and federal laws.

Collin Texas Addendum for Sale of Other Property by Buyer is a legal document that is commonly used in real estate transactions in Collin County, Texas. This addendum is specifically designed for buyers who wish to sell their existing property in order to finance the purchase of a new property. The Collin Texas Addendum for Sale of Other Property by Buyer serves as an extension to the standard purchase agreement, allowing the buyer to include a contingency clause related to the sale of their current property. This contingency clause protects the buyer by stating that their offer to purchase the new property is contingent upon the successful sale of their existing property within a specified timeframe. This addendum ensures that the buyer has enough time to market and sell their property while also securing the new property. It provides a clear timeline and guidelines for both parties involved in the transaction. There are no specific types of Collin Texas Addendum for Sale of Other Property by Buyer, as it is a general addendum that can be customized to meet the individual needs of the buyer and seller. However, there may be variations or modifications to the language used in the addendum based on the unique circumstances of the transaction. Some relevant keywords that can be used in the context of Collin Texas Addendum for Sale of Other Property by Buyer include: 1. Collin County real estate 2. Collin Texas property transactions 3. Real estate addendum in Collin Texas 4. Buying and selling property in Collin County 5. Contingency clause for the sale of other property 6. Collin Texas real estate contracts 7. Property purchase addendum 8. Collin County real estate agreements 9. Selling property before buying in Collin Texas 10. Timing contingency in real estate transactions It is important to consult with a qualified real estate attorney or agent when drafting or using the Collin Texas Addendum for Sale of Other Property by Buyer to ensure compliance with local, state, and federal laws.

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Collin Texas Addendum for Sale of Other Property by Buyer