Wayne Michigan Sample Letter for Confirmation of Purchase Agreement

• Category: Letters - Nonlegal - Confirmation
• State: Multi-State
• County: Wayne
• Control #: US-0296LR
• Format: Word; Rich Text

Description

Sample Letter for Confirmation of Purchase Agreement Dear [Buyer's Name], We are writing to confirm the purchase agreement for the property located in Wayne, Michigan. This letter serves as an official document to validate the agreement made between [Seller's Name] as the seller and [Buyer's Name] as the buyer for the sale and purchase of the property at [Property Address]. Terms and conditions of the purchase agreement: 1. Purchase Price: The agreed-upon purchase price for the property is [Amount in Numbers] Dollars ($[Amount in Words]). This includes any earnest money deposit already made by the buyer. 2. Property Description: The property is described as [Provide accurate and detailed description of the property including size, amenities, number of bedrooms and bathrooms, etc.]. 3. Closing Date: The closing of this purchase agreement is scheduled for [Closing Date]. 4. Financing: The buyer has secured the necessary financing to complete the purchase of the property. 5. Contingencies: The purchase agreement is subject to the following contingencies: [List any contingencies such as home inspection, appraisal, or the sale of the buyer's current property]. 6. Seller's Disclosures: The seller has provided all necessary disclosures to the buyer regarding the property's condition, known defects, and any other relevant information. 7. Home Warranty: The seller is offering a home warranty to the buyer covering major systems and appliances for a period of [Length of Warranty] from the closing date. 8. Earnest Money: The buyer has deposited an earnest money amount of [Amount in Numbers] Dollars ($[Amount in Words]) to be held in escrow until the closing of the purchase. 9. Default Clause: In the event of default by either party, the non-defaulting party shall have the right to pursue legal remedies available under the governing law in Wayne, Michigan. 10. Governing Law: This purchase agreement shall be governed by and construed in accordance with the laws of the State of Michigan. If the terms stated above are in accordance with your understanding, please sign and return a copy of this letter to us, indicating your acceptance of the purchase agreement. Upon receipt of your signed copy, we will proceed with the necessary legal steps to complete the transaction. Please note that this letter is for confirmation purposes only and does not replace any official legal documents required to finalize the purchase agreement. If you have any questions or require further clarification, please do not hesitate to contact us. We look forward to a successful closing and transfer of the property. Sincerely, [Seller's Name] [Company/Organization Name] [Contact Information] Keywords: Wayne, Michigan, purchase agreement, confirmation, property, buyer, seller, terms and conditions, purchase price, property description, closing date, financing, contingencies, seller's disclosures, home warranty, earnest money, default clause, governing law.

Dear [Buyer's Name], We are writing to confirm the purchase agreement for the property located in Wayne, Michigan. This letter serves as an official document to validate the agreement made between [Seller's Name] as the seller and [Buyer's Name] as the buyer for the sale and purchase of the property at [Property Address]. Terms and conditions of the purchase agreement: 1. Purchase Price: The agreed-upon purchase price for the property is [Amount in Numbers] Dollars ($[Amount in Words]). This includes any earnest money deposit already made by the buyer. 2. Property Description: The property is described as [Provide accurate and detailed description of the property including size, amenities, number of bedrooms and bathrooms, etc.]. 3. Closing Date: The closing of this purchase agreement is scheduled for [Closing Date]. 4. Financing: The buyer has secured the necessary financing to complete the purchase of the property. 5. Contingencies: The purchase agreement is subject to the following contingencies: [List any contingencies such as home inspection, appraisal, or the sale of the buyer's current property]. 6. Seller's Disclosures: The seller has provided all necessary disclosures to the buyer regarding the property's condition, known defects, and any other relevant information. 7. Home Warranty: The seller is offering a home warranty to the buyer covering major systems and appliances for a period of [Length of Warranty] from the closing date. 8. Earnest Money: The buyer has deposited an earnest money amount of [Amount in Numbers] Dollars ($[Amount in Words]) to be held in escrow until the closing of the purchase. 9. Default Clause: In the event of default by either party, the non-defaulting party shall have the right to pursue legal remedies available under the governing law in Wayne, Michigan. 10. Governing Law: This purchase agreement shall be governed by and construed in accordance with the laws of the State of Michigan. If the terms stated above are in accordance with your understanding, please sign and return a copy of this letter to us, indicating your acceptance of the purchase agreement. Upon receipt of your signed copy, we will proceed with the necessary legal steps to complete the transaction. Please note that this letter is for confirmation purposes only and does not replace any official legal documents required to finalize the purchase agreement. If you have any questions or require further clarification, please do not hesitate to contact us. We look forward to a successful closing and transfer of the property. Sincerely, [Seller's Name] [Company/Organization Name] [Contact Information] Keywords: Wayne, Michigan, purchase agreement, confirmation, property, buyer, seller, terms and conditions, purchase price, property description, closing date, financing, contingencies, seller's disclosures, home warranty, earnest money, default clause, governing law.