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[Music] a michigan residential purchase agreement is a crucial document in the process of buying or selling a home it outlines all of the terms and conditions of the transaction such as purchase price deposit closing date financing options and more once signed by both the buyer and the seller it becomes a legally binding contract in this video well cover how a residential purchase agreement works the legal requirements in michigan and what you need to create one worry forms the biggest online database for legal documents stick around and well tell you where you can find an official residential purchase agreement specific to michigan first lets review how does a residential purchase agreement exactly work the residential purchase agreement is designed to ensure that both the buyer and the seller are on the same page with regard to all aspects of the transaction in addition to outlining all of the terms and conditions as well as the rights and responsibilities of both parties it typic
