Blank Purchase Agreements

In some cases, the buyer`s ability to meet the conditions set out here depends on the sale of a property that he or she owns. This contingency must be in « VI. Sale of another property. If such a property does not exist or if the buyer`s performance is not dependent on such an event, activate the box instruction « Must not depend on the sale of another property ». If the buyer depends on the sale of his property to satisfy this agreement, mark the declaration box « Will depend on the sale of another property » and enter the postal address, city and state of the buyer`s property in the first three spaces. The number of « days from the effective date » allocated to the buyer (to achieve this goal) must be recorded on the last empty point of this statement. Lead-based Color Disclosure – A federal law requiring the owner of real estate built before 1978 to determine whether bursting, flaking, or color deterioration occurred on the site. Since paint particles are dangerous to a person`s health, this is a necessary disclosure that must be attached to any sales contract. The seller`s signature area is the first available. Sufficient space has been provided for two sellers to sign and date this document, but if there are more, be sure to add more lines or add the necessary signatures to a titled appendix. Each seller must record the calendar date of the signature, sign their name and print their name with the lines « date », « seller`s signature » and « Print name ». The next area is reserved for the buyer`s signature.

The buyer must record the date of signature in the « Date » line, then sign the « Buyer`s signature » line and print his name in the « Print name » line under his signature. If there are more than two buyers, make sure their signatures are provided either with an editing program to add more lines or provide a clearly labeled attachment with the necessary signatures. The last section accepts the calendar date of the signature, the « agent signature » and the printed name of the agent. There are enough empty lines to provide up to two agents to provide these items. If there are more than two agents, this document must be accompanied by an attachment with these additional signatures. (A) The order activity must offer each holder of several BPA distinctions a fair opportunity to be considered for each order exceeding the micro-purchase threshold, but which does not exceed the simplified acquisition threshold, unless one of the exceptions referred to in point 8.405-6 (a) (1) (i) is applicable. Point « D » pursues this issue by requiring a definition of the number of days the seller needs from the due date of the following reference letter to terminate this agreement by written notice. The buyer must receive such notification within the number of days indicated here, after the buyer has not provided a written reference to point C by the due date.

If the seller provides the financing that the buyer needs to buy this property, activate the « seller financing » box. In this regard, several articles need to be provided as information. the « loan amount » for Item « A », the « deposit » that buyer must pay in item « B », » the annual « interest rate » applied by seller to item « C, » the number of « months » or « years » that such financing should apply to item « D, » and the schedule date by which buyer must provide proof that it can pay in the first two empty lines of item « E »; and the last calendar date the seller can authorize this proof for the last two spaces in point « E ». If the buyer or seller does not violate or comply with the sales contract, it cannot be terminated unless the buyer and seller agree….

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