Nassau New York Contract for the Sale and Purchase of Real Estate - No Broker - Commercial Lot or Land

• Category: Real Estate - Contracts - Land or Lots
• State: Multi-State
• County: Nassau
• Control #: US-00472C
• Format: Word; Rich Text

Description

This form is a Contract for the Sale and Purchase of Commercial Real Estate. The form requires information such as: property condition, earnest money, taxes pro ration and utilities. The form provides that the seller has agreed to sell and the buyer will purchase the property described in the form. This contract also contains a contingency for purchase based upon the sale of another property owned by the buyer. The Nassau New York Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a legally binding agreement that outlines the terms and conditions for the sale and purchase of commercial real estate in Nassau County, New York, without the involvement of a real estate broker. This contract is specifically tailored for commercial lots or land and ensures a smooth and transparent transaction between the buyer and seller. The contract includes various essential components such as: 1. Parties Involved: The contract clearly identifies the buyer(s) and seller(s) involved in the transaction, ensuring that all parties are correctly identified and their contact information is provided. 2. Property Description: The contract provides a detailed description of the commercial lot or land being sold, including its address, dimensions, and any relevant landmarks. This information ensures that the parties are aware of the exact location and characteristics of the property. 3. Purchase Price and Terms: The contract stipulates the agreed-upon purchase price for the commercial real estate. It also outlines the payment terms, including the amount of the deposit, financing arrangements, and any additional conditions related to the payment schedule. 4. Contingencies: The contract may include contingencies that allow the buyer to conduct inspections, surveys, or obtain financing within a specified timeframe. Any necessary contingencies are outlined to protect the interests of both parties. 5. Closing and Possession: The contract specifies the closing date, which is the date when the ownership of the property is officially transferred from the seller to the buyer. It also clarifies the possession date, indicating when the buyer can take physical possession of the property. 6. Representations and Warranties: The contract may include statements by the seller regarding the condition and legality of the property. These representations and warranties ensure that the buyer is aware of any existing issues or restrictions related to the commercial lot or land. Some variants of the Nassau New York Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land may include specific clauses or provisions tailored for different types of commercial real estate transactions. For example, variations may be available to accommodate different property types such as industrial lots, retail spaces, or office buildings. However, the fundamental structure and purpose of the contract remain the same — to facilitate the sale and purchase of commercial real estate in Nassau County, New York, without the involvement of a real estate broker.

The Nassau New York Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a legally binding agreement that outlines the terms and conditions for the sale and purchase of commercial real estate in Nassau County, New York, without the involvement of a real estate broker. This contract is specifically tailored for commercial lots or land and ensures a smooth and transparent transaction between the buyer and seller. The contract includes various essential components such as: 1. Parties Involved: The contract clearly identifies the buyer(s) and seller(s) involved in the transaction, ensuring that all parties are correctly identified and their contact information is provided. 2. Property Description: The contract provides a detailed description of the commercial lot or land being sold, including its address, dimensions, and any relevant landmarks. This information ensures that the parties are aware of the exact location and characteristics of the property. 3. Purchase Price and Terms: The contract stipulates the agreed-upon purchase price for the commercial real estate. It also outlines the payment terms, including the amount of the deposit, financing arrangements, and any additional conditions related to the payment schedule. 4. Contingencies: The contract may include contingencies that allow the buyer to conduct inspections, surveys, or obtain financing within a specified timeframe. Any necessary contingencies are outlined to protect the interests of both parties. 5. Closing and Possession: The contract specifies the closing date, which is the date when the ownership of the property is officially transferred from the seller to the buyer. It also clarifies the possession date, indicating when the buyer can take physical possession of the property. 6. Representations and Warranties: The contract may include statements by the seller regarding the condition and legality of the property. These representations and warranties ensure that the buyer is aware of any existing issues or restrictions related to the commercial lot or land. Some variants of the Nassau New York Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land may include specific clauses or provisions tailored for different types of commercial real estate transactions. For example, variations may be available to accommodate different property types such as industrial lots, retail spaces, or office buildings. However, the fundamental structure and purpose of the contract remain the same — to facilitate the sale and purchase of commercial real estate in Nassau County, New York, without the involvement of a real estate broker.