Agreement.”
Date the contract — It is essential to date the contract to protect the legal interests of both parties. In case of any legal issues involving the parties in question, the date of the agreement might become significant. Describing the property — It is essential to describe the property in detail and provide the standard address of the property in the contract. You can get the full legal description of the real estate in the deed to the estate. The deed is legal paperwork that states the official ownership of a particular property or home. A copy of the deed can be obtained from the recorder’s office. Alternatively, you can procure a copy of the affidavit of sale, which will also bear all the necessary legal descriptions. Providing the details of personal property — If you are willing to sell your personal property along with your home, you must mention every item to be sold in detail in the body of the contract. It is essential to make the sale transparent and clear among all parties. Personal property may include refrigerators, air conditioners, dishwashers, heaters, etc. Fixtures attached to the property also fall under this category in some way. The details of each personal property included in the sale must be explicitly mentioned in the contract, ideally as a comprehensive list. Signature Block — Include a signature block at the end of the contract for both parties to print their legal names and put their respective signatures in the appropriate places.
STAGE 2: TERMS OF PAYMENT
Mention the price of purchase in full — The FSBO contract must mention the full price the buyer will pay for purchasing the
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