Harris Texas Contract of Sale of Commercial Property with No Broker Involved

• Category: Real Estate - Contracts - Commercial
• State: Multi-State
• County: Harris
• Control #: US-02697BG
• Format: Word; Rich Text

Description

Commercial real estate includes income producing property, such as office buildings, restaurants, shopping centers, hotels, industrial parks, warehouses, and factories. Commercial property usually must be zoned for business purposes. A person licensed to arrange the buying and selling of real estate for a fee. A real estate broker acts as an intermediary between the parties selling and buying the real estate. Real estate brokers can also be called real estate salespersons, and the people who assist them (who are generally not required to be licensed) are generally called real estate agents. The Harris Texas Contract of Sale of Commercial Property with No Broker Involved is a legal agreement utilized in the state of Texas when buying or selling a commercial property without involving a broker or real estate agent. This contract outlines the terms and conditions of the transaction between the buyer and the seller, ensuring a clear understanding and protection for both parties involved. Keywords: Harris Texas, Contract of Sale, Commercial Property, No Broker Involved. Types of Harris Texas Contracts of Sale of Commercial Property with No Broker Involved: 1. Standard Harris Texas Contract of Sale of Commercial Property with No Broker Involved: This is the most common type of contract used when buying or selling commercial properties in Harris County, Texas, without the involvement of a broker. It specifies the terms and conditions, purchase price, closing date, and other relevant details related to the property transaction. 2. Harris Texas Contract of Sale of Commercial Property with No Broker Involved — As-Is: This type of contract highlights that the property is being sold in its current condition, with no warranties or guarantees from the seller. It absolves the seller from any responsibility regarding the property's condition or any potential issues that may arise after the sale. 3. Harris Texas Contract of Sale of Commercial Property with No Broker Involved — Installment Sale: This type of contract allows the buyer to make payments to the seller in installments, rather than paying the full purchase price upfront. It outlines the terms and schedule of these installments, including any interest or penalties that may apply. 4. Harris Texas Contract of Sale of Commercial Property with No Broker Involved — Lease-Option Agreement: This agreement combines a lease and an option to purchase the commercial property. The buyer initially rents the property but has the option to buy it at a later date. The contract specifies the lease terms, purchase option details, and any applicable rent-to-own considerations. 5. Harris Texas Contract of Sale of Commercial Property with No Broker Involved — Seller Financing: This contract allows the seller to finance the buyer's purchase by offering a loan directly, eliminating the need for third-party lenders. It specifies the loan terms, interest rates, repayment schedules, and any collateral or security instruments involved. Regardless of the specific type, it is crucial for buyers and sellers to consult with an attorney to ensure the Harris Texas Contract of Sale of Commercial Property with No Broker Involved is properly drafted and tailored to their individual needs and circumstances.

The Harris Texas Contract of Sale of Commercial Property with No Broker Involved is a legal agreement utilized in the state of Texas when buying or selling a commercial property without involving a broker or real estate agent. This contract outlines the terms and conditions of the transaction between the buyer and the seller, ensuring a clear understanding and protection for both parties involved. Keywords: Harris Texas, Contract of Sale, Commercial Property, No Broker Involved. Types of Harris Texas Contracts of Sale of Commercial Property with No Broker Involved: 1. Standard Harris Texas Contract of Sale of Commercial Property with No Broker Involved: This is the most common type of contract used when buying or selling commercial properties in Harris County, Texas, without the involvement of a broker. It specifies the terms and conditions, purchase price, closing date, and other relevant details related to the property transaction. 2. Harris Texas Contract of Sale of Commercial Property with No Broker Involved — As-Is: This type of contract highlights that the property is being sold in its current condition, with no warranties or guarantees from the seller. It absolves the seller from any responsibility regarding the property's condition or any potential issues that may arise after the sale. 3. Harris Texas Contract of Sale of Commercial Property with No Broker Involved — Installment Sale: This type of contract allows the buyer to make payments to the seller in installments, rather than paying the full purchase price upfront. It outlines the terms and schedule of these installments, including any interest or penalties that may apply. 4. Harris Texas Contract of Sale of Commercial Property with No Broker Involved — Lease-Option Agreement: This agreement combines a lease and an option to purchase the commercial property. The buyer initially rents the property but has the option to buy it at a later date. The contract specifies the lease terms, purchase option details, and any applicable rent-to-own considerations. 5. Harris Texas Contract of Sale of Commercial Property with No Broker Involved — Seller Financing: This contract allows the seller to finance the buyer's purchase by offering a loan directly, eliminating the need for third-party lenders. It specifies the loan terms, interest rates, repayment schedules, and any collateral or security instruments involved. Regardless of the specific type, it is crucial for buyers and sellers to consult with an attorney to ensure the Harris Texas Contract of Sale of Commercial Property with No Broker Involved is properly drafted and tailored to their individual needs and circumstances.