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Properties of this Contract of Sale of Commercial Property |
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 MS-Word format (.doc) |
6 pages |
1,877 words |
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Document Content |
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1. PRICE
2. TITLE; TENANCIES
3. ASSESSMENTS
4. ESCROW; PRO-RATION
5. RISK OF LOSS; MAINTENANCE; TRANSFER OF POSSESSION
6. COMMERCIAL ZONING
7. BROKER’S COMMISSION
8. SURVEY
9. EXAMINATION OF TITLE AND TIME OF CLOSING
10. DEFAULT BY BUYER
11. DEFAULT BY SELLER
12. ATTORNEY FEES AND COSTS
13. CONDITION OF THE PROPERTY
14. OCCUPANCY
15. NOTICES
16. BINDING EFFECT OF AGREEMENT
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Document Description:
A Contract of Sale of Commercial Property is a sales agreement that transfers ownership of a commercial property from a Seller to a Buyer. This document contains the finalized terms and conditions upon which the transfer of the property will take place.
This is an excellent template which is absolutely necessary when entering into an agreement to purchase or sell commercial property, as it forces both parties to consider and negotiate many critical issues. This is one of the most detailed Commercial Property Sales Agreements available on the market, with clauses addressing zoning, transfer of current tenants, disclosing the current condition of the property, maintenance of the property up to closing, etc.
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Features |
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Benefits |
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