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Buyers and sellers of private property should conclude and sign this purchase and sales contract to legally identify the conditions of the transaction.
This Agreement sets the value of the property, the transactional period, mutual obligations of the Contracting Parties under the Treaty and a method of final payment. This Agreement sets the time and nature of the inspections the buyer holds before the purchase. This agreement also attaches all properties that relate to the sold object.
The following documents can be checked by the buyer under the purchase and sales contract:
co-op / pud / association documents
Relief of record / act
The time of completing the transaction under the contract is set up in a separate contract line. For each Contracting Party is a certain time to carry out the terms of this Agreement. In any case, this certain time is different and will also be described in detail in the agreement.
Each article of the agreement is self-explanatory. As the signing of the Agreement is usually preceded by the work of the broker, it should not be difficult to understand the agreement.
Agreement should be achieved on the following elements before both parties sign the document:
Closing, drainage and owned date for property;
elements excluded or included;
When finalizing the Agreement, the document must be signed by both parties.
The contract should be signed in duplicates and copies should be kept by both parties. An additional copy can be sent to the broker.
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