San Diego California 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: San Diego
• 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. San Diego California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a legal document specifically catered to buyers and sellers involved in the commercial real estate market in San Diego, California. This contract outlines the terms and conditions agreed upon by both parties regarding the sale and purchase of a commercial lot or land, without the involvement of any real estate broker. While there may not be multiple types of this specific contract, it is essential to understand its key components before entering into any commercial real estate transaction in San Diego. The contract typically includes the following relevant keywords: 1. Parties: Identifies the legal names and addresses of both the buyer and seller involved in the transaction. 2. Purchase Price: Specifies the amount agreed upon by the buyer and seller for the commercial lot or land being sold. 3. Property Description: Provides a detailed description of the commercial lot or land, including its physical address, exact dimensions, and any specific conditions or restrictions related to the property. 4. Contingencies: Outlines any contingencies or conditions that must be met before the sale is finalized. These can include environmental assessments, zoning approvals, or financing requirements. 5. Closing Date: Specifies the date by which the transaction must be completed and the ownership transferred from the seller to the buyer. 6. Earnest Money Deposit: Determines the amount of money the buyer must provide upfront as a demonstration of their serious intent to purchase the commercial lot or land. 7. Disclosures: Requires the seller to disclose any known defects, potential hazards, or legal issues associated with the property. 8. Default and Remedies: Outlines the consequences if either party fails to meet their obligations as stated in the contract, including potential legal remedies. 9. Governing Law: Specifies that the contract is subject to the laws and regulations of the state of California. 10. Signatures and Notarization: Requires signatures from both the buyer and seller, as well as a notary public to validate the contract's authenticity. The San Diego California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land serves as a legally binding agreement between the buyer and seller, providing clarity and protection for both parties involved in a commercial real estate transaction in San Diego.

San Diego California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land is a legal document specifically catered to buyers and sellers involved in the commercial real estate market in San Diego, California. This contract outlines the terms and conditions agreed upon by both parties regarding the sale and purchase of a commercial lot or land, without the involvement of any real estate broker. While there may not be multiple types of this specific contract, it is essential to understand its key components before entering into any commercial real estate transaction in San Diego. The contract typically includes the following relevant keywords: 1. Parties: Identifies the legal names and addresses of both the buyer and seller involved in the transaction. 2. Purchase Price: Specifies the amount agreed upon by the buyer and seller for the commercial lot or land being sold. 3. Property Description: Provides a detailed description of the commercial lot or land, including its physical address, exact dimensions, and any specific conditions or restrictions related to the property. 4. Contingencies: Outlines any contingencies or conditions that must be met before the sale is finalized. These can include environmental assessments, zoning approvals, or financing requirements. 5. Closing Date: Specifies the date by which the transaction must be completed and the ownership transferred from the seller to the buyer. 6. Earnest Money Deposit: Determines the amount of money the buyer must provide upfront as a demonstration of their serious intent to purchase the commercial lot or land. 7. Disclosures: Requires the seller to disclose any known defects, potential hazards, or legal issues associated with the property. 8. Default and Remedies: Outlines the consequences if either party fails to meet their obligations as stated in the contract, including potential legal remedies. 9. Governing Law: Specifies that the contract is subject to the laws and regulations of the state of California. 10. Signatures and Notarization: Requires signatures from both the buyer and seller, as well as a notary public to validate the contract's authenticity. The San Diego California Contract for the Sale and Purchase of Real Estate NowNo Broke— - Commercial Lot or Land serves as a legally binding agreement between the buyer and seller, providing clarity and protection for both parties involved in a commercial real estate transaction in San Diego.