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Preview - Michigan Real Estate Purchase Agreement Form
Michigan Real Estate Purchase Agreement
This Real Estate Purchase Agreement ("Agreement") is made and entered into as of the ____ day of __________, 20___, by and between:
Seller: _______________________________ (the "Seller")
Buyer: _______________________________ (the "Buyer")
The parties hereby agree as follows:
- Property Description: The property that is the subject of this Agreement is located at:
______________________________________________________
Legal Description: _______________________________________
- Purchase Price: The total purchase price for the Property is $________________.
- Earnest Money: Upon signing this Agreement, the Buyer shall provide earnest money in the amount of $________________, to be held in escrow by _______________________________ until closing.
- Closing Date: The closing of the sale and purchase of the Property shall occur on or before the ____ day of __________, 20___.
- Contingencies: This Agreement is contingent upon the following:
- Buyer's ability to obtain financing
- Inspection of the property
- Any other contingencies agreed upon by both parties
- Disclosure: The Seller agrees to provide the Buyer with all required disclosures as mandated by Michigan law.
- Governing Law: This Agreement shall be governed by the laws of the State of Michigan.
Signatures:
By signing below, both parties agree to the terms outlined in this Agreement.
_______________________________
Seller's Signature
Date: ____________
_______________________________
Buyer's Signature
Date: ____________
Create Other Common Real Estate Purchase Agreement Forms for Different States
Nc Real Estate Purchase Agreement - This legally binding document can be altered if both parties agree to the changes in writing.
Contract of Sale Real Estate - This form specifies the purchase price, payment terms, and closing date for the property transaction.
In Washington, completing the Washington Trailer Bill of Sale form is essential for anyone looking to buy or sell a trailer, as it formalizes the transaction and provides legal protection for both parties involved. For those seeking a comprehensive guide, you can refer to the Motor Vehicle Bill of Sale to ensure you are fully informed about the steps necessary to finalize the sale.
Free Florida Purchase and Sale Agreement - The document is necessary for title companies and lenders to facilitate the legal transfer of property.
Georgia Purchase and Sale Agreement Pdf - Specifies the condition in which the property will be sold.
Similar forms
- Lease Agreement: This document outlines the terms under which a tenant can occupy a property. Like the Real Estate Purchase Agreement, it specifies the duration, payment terms, and responsibilities of both parties.
- Rental Application Form: Completing a pdftemplates.info/rental-application-form is crucial for potential tenants to formally express their interest in renting a property, providing landlords with necessary information about their qualifications.
- Option to Purchase Agreement: This agreement gives a buyer the right to purchase a property at a later date. It shares similarities with the Real Estate Purchase Agreement in that it details the purchase price and conditions for buying the property.
- Seller's Disclosure Statement: This document requires the seller to disclose known issues with the property. It complements the Real Estate Purchase Agreement by ensuring that buyers are informed of any potential problems before finalizing the sale.
- Real Estate Listing Agreement: This agreement establishes the relationship between a property owner and a real estate agent. It is similar in that it outlines terms and conditions regarding the sale of the property.
- Closing Statement: This document summarizes the final financial details of a real estate transaction. It is similar to the Real Estate Purchase Agreement as it details costs, fees, and the distribution of funds at closing.
- Title Insurance Policy: This document protects the buyer against losses from disputes over property ownership. Like the Real Estate Purchase Agreement, it is crucial for ensuring a clear transfer of ownership.
- Escrow Agreement: This agreement involves a third party holding funds until all conditions of the sale are met. It parallels the Real Estate Purchase Agreement by ensuring that both parties fulfill their obligations before the transaction is completed.
- Mortgage Agreement: This document outlines the terms of a loan used to purchase real estate. It is similar to the Real Estate Purchase Agreement in that it details financial obligations and property ownership rights.