The San Bernardino California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Residential Lot or Land is a legally binding agreement that outlines the terms and conditions for the sale of a residential lot or land in San Bernardino, California. This contract is specifically designed for transactions where no real estate broker is involved, allowing the buyer and seller to directly negotiate and finalize the purchase. The contract covers various important aspects, including the identification of the buyer and seller, a detailed description of the property being sold, the purchase price, and the payment terms. It also includes provisions for contingencies such as property inspections, financing, and the seller's disclosure obligations. One of the key features of this contract is the inclusion of specific clauses that protect both the buyer and the seller. These clauses typically address issues such as title commitments, property boundaries, and any existing leases or easements on the land. This ensures that both parties are fully aware of the conditions and responsibilities associated with the transaction. While there may not be distinct types of San Bernardino California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Residential Lot or Land, variations may arise based on the specific needs and circumstances of the parties involved. For instance, additional clauses or addenda can be added to the contract to cover unique situations such as seller financing, seller carry-back, or property use restrictions. It is crucial for both buyers and sellers to carefully review and understand the contract before signing it. Consulting with a real estate attorney or professional is highly recommended ensuring that all legal requirements are met and to protect both parties' interests. Overall, the San Bernardino California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Residential Lot or Land provides a comprehensive framework for a smooth and transparent transaction between a buyer and a seller, where no real estate broker is involved.