This form is a Contract for the sale of real estate for use in Ohio. It can be used for a cash sale, assumption or new loan buyer. The contract contains provisions common to a real estate transaction. No broker involved.
OH Contract for Sale and Purchase of Real free printable template
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CONTRACT FOR THE SALE AND PURCHASE OF REAL ESTATE (NO BROKER) For good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, Seller whether one or more, and, Buyer
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How to fill out simple real estate purchase agreement pdf form
How to fill out OH Contract for Sale and Purchase of Real Estate
01
Obtain the OH Contract for Sale and Purchase of Real Estate form.
02
Fill out the names and contact information of both the buyer and the seller.
03
Insert the legal description of the property being sold.
04
Specify the purchase price agreed upon by both parties.
05
Outline the earnest money deposit amount and terms.
06
Include any contingencies, such as financing or inspection clauses.
07
Set the closing date and any other important deadlines.
08
Sign and date the contract, ensuring both parties have copies.
Who needs OH Contract for Sale and Purchase of Real Estate?
01
Individuals looking to buy or sell residential or commercial real estate in Ohio.
02
Real estate agents or brokers facilitating a property transaction.
03
Attorneys or legal representatives involved in real estate transactions.
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People Also Ask about real estate purchase contract template
How legally binding is a purchase agreement?
A purchase agreement is a legal document that is signed by both the buyer and the seller. Once it is signed by both parties, it is a legally binding contract. The seller can only accept the offer by signing the document, not by just providing the goods.
What is an initial purchase agreement?
A purchase agreement is a contract between the buyer and seller of a home. It contains all the rules that apply to the sale. The contract starts with an offer from the buyer, but both the buyer and seller can suggest changes.
What is the most common real estate agreement?
A purchase agreement is the most common type of real estate agreement. This contract specifies the details regarding the sale of property.
How do you write a contract to buy a property?
How to draft a purchase agreement Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.
What happens after the purchase agreement is signed?
Once you have signed the purchase agreement, you will need to apply for a loan. The loan application will ask for your financial information, including your income, debts, and assets. The lender will also pull your credit report. After you have applied for the loan, the lender will underwrite the loan.
Is a purchase agreement a binding document?
A purchase and sale agreement, also called a sales and purchase agreement or a purchase and sales contract, is a legally binding document that parties in a transaction use to stipulate the terms and conditions that will guide the sale and transfer of goods or property.
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What is OH Contract for Sale and Purchase of Real Estate?
The OH Contract for Sale and Purchase of Real Estate is a legal document used in Ohio that outlines the terms and conditions under which a property is sold or purchased.
Who is required to file OH Contract for Sale and Purchase of Real Estate?
Typically, both buyers and sellers involved in a real estate transaction in Ohio are required to file the OH Contract for Sale and Purchase of Real Estate.
How to fill out OH Contract for Sale and Purchase of Real Estate?
To fill out the OH Contract, parties need to provide their names, property details, terms of sale, contingencies, closing date, and signatures. It's advisable to seek legal assistance to ensure accuracy.
What is the purpose of OH Contract for Sale and Purchase of Real Estate?
The purpose is to legally document the agreement between the buyer and seller regarding the sale of the property, outlining the rights and obligations of each party.
What information must be reported on OH Contract for Sale and Purchase of Real Estate?
The contract must include buyer and seller information, property description, purchase price, earnest money details, conditions of sale, closing date, and any additional terms agreed upon.
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