Purchase and Sale Agreement|
A written contract signed by the buyer and seller stating the terms and conditions under which a property will be sold.
The Purchase and Sale Agreement is a written contract that is signed by the buyer and seller. It states the terms and conditions under which a property will be sold. It includes:
-- description of property,
-- price offered,
-- down payment,
-- earnest money deposit,
-- personal items to be included,
-- closing date,
-- occupancy date,
-- length of time the offer is valid,
-- special contingencies, and
[ Back To Real Estate Glossary ]
"It's Simple, I Listen."
Real Estate Websites by iHOUSEweb, Inc. ®