Products tagged with 'purchase and sale of real estate'

Buy and sell real estate property in Prince Edward Island with this Offer to Purchase / Agreement of Purchase and Sale of Real Property.

Responsibilities of Parties

• The vendor (seller) is responsible for paying out and discharging any existing financial encumbrances on title to the property which are not being assumed by the purchaser.
• The purchaser is responsible for paying the costs of arranging new mortgage financing (if applicable) and the costs of conveyance of the title.

Key Conditions of the Agreement

• The buildings and property remain at the risk of the vendor until the closing, after which the purchaser assumes the risk.
• The vendor makes certain warranties and representations about the property (e.g. residential use only, Canadian residency, etc.).
• Once signed, the offer becomes a binding contract between the parties.

Format and Jurisdiction

This legal document template is available as a fully editable MS Word form. It is intended for use solely in the Province of Prince Edward Island, Canada.

Sell real estate property in Mexico with this template Real Estate Purchase & Sale Agreement Between Natural Persons.

Who can use this real estate contract?

This Real Estate Purchase & Sale Agreement is written to be used by an individual selling a real estate property in Mexico to another individual, in accordance with Mexican laws.

Payment of Purchase Price

The buyer must pay a deposit of 10% of the purchase price at the time of signing the Agreement, with the balance due on closing.

Rescission Rights

If the buyer rescinds (cancels) the Agreement due to a breach by the seller, the buyer is entitled to a penalty fee of 10% of the purchase price. If the seller rescinds the Agreement due to a breach by the buyer, the seller is entitled to keep the deposit as the penalty fee.

Expenses and Costs

The buyer is responsible for paying all costs and expenses relating to the transfer of the property, except for capital gains and value-added taxes.

Format and Jurisdiction

This Real Estate Purchase & Sale Agreement template is provided in MS Word format and is fully editable to fit your circumstances. English-language version only at this time. It is intended to be used only for properties being bought and sold in Mexico.

Sell real estate property in Mexico with this template Real Estate Purchase & Sale Agreement from Corporation to Natural Person.

Who can use this real estate contract?

This Real Estate Purchase & Sale Agreement is written to be used by a Mexican corporation which is selling a real estate property in Mexico to one or more individual persons.

Payment of Purchase Price

The buyer must pay a deposit of 10% of the purchase price at the time of signing the Agreement, with the balance due on closing.

Rescission Rights

If the buyer rescinds (cancels) the Agreement due to a breach by the seller, the buyer is entitled to a penalty fee of 10% of the purchase price. If the seller rescinds the Agreement due to a breach by the buyer, the seller is entitled to keep the deposit as the penalty fee.

Expenses and Costs

The buyer is responsible for paying all costs and expenses relating to the transfer of the property, except for capital gains and value-added taxes.

Format and Jurisdiction

This Real Estate Purchase and Sale Agreement template is provided in MS Word format and is fully editable to fit your circumstances. English-language version only at this time. It is intended to be used only for properties being bought and sold in Mexico.

Issue a Letter of Intent outlining the negotiated terms of purchase of a multi-tenant rental building with this downloadable template.

• In a lengthy real estate deal, a letter of intent represents to mortgage lenders, contractors and material suppliers that you are ready and able to complete the transaction.
• The buyer will have an initial inspection period to examine the building and conduct evaluations and due diligence. During this period, the buyer can terminate the transaction at its discretion.
• The seller is responsible for obtaining title insurance, a new survey, and an environmental report.
• The seller will pay the real estate commissions. The buyer will pay all of the costs associated with obtaining financing. Each party will be responsible for paying its own legal fees and costs associated with the transaction.
• Security deposits, prepaid rents and common area maintenance funds held by the seller will be transferred to the buyer at closing.
• The transaction is conditioned upon the buyer being able to obtain adequate financing.
• Available in MS Word format and fully customizable.