Contract for the Sale of a Residential Unit
آوریل 13, 2023Temporary contract for transfer of public service activities min
آوریل 13, 2023Here’s a sample temporary contract for the sale of units located in a specific block:
Temporary Contract for the Sale of Units Located in Block [insert minute block number]
This Temporary Contract for the Sale of Units (“Agreement”) is made on [insert date] by and between [insert seller’s name] (“Seller”) and [insert buyer’s name] (“Buyer”).
WHEREAS, the Seller owns certain units located in Block [insert minute block number] (the “Units”), and desires to sell such Units to the Buyer; and
WHEREAS, the Buyer desires to purchase the Units from the Seller, subject to the terms and conditions set forth in this Agreement.
NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties agree as follows:
- Purchase Price. The Buyer agrees to purchase the Units from the Seller for the purchase price of [insert purchase price] (the “Purchase Price”).
- Payment Terms. The Purchase Price shall be paid by the Buyer to the Seller as follows: [insert payment terms, such as a deposit amount, due date(s), and method(s) of payment].
- Condition of Units. The Seller shall deliver the Units to the Buyer in their present condition, reasonable wear and tear excepted, on the closing date of the sale.
- Closing Date. The closing of the sale shall take place on [insert closing date].
- Contingencies. This sale is contingent upon [insert any contingencies that need to be met before the sale is finalized, such as financing, inspections, or repairs].
- Default. If the Buyer fails to fulfill any of the terms of this Agreement, the Seller shall have the right to terminate this Agreement and retain any deposit made by the Buyer.
- Governing Law. This Agreement shall be governed by and construed in accordance with the laws of [insert governing law jurisdiction].
- Entire Agreement. This Agreement constitutes the entire agreement between the parties and supersedes all prior negotiations, understandings, and agreements between them.
IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.
SELLER:
[insert signature and printed name]
BUYER:
[insert signature and printed name]
