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Click ‘Get Form’ to open the purchase residential document in the editor.
Begin by filling in the date at the top of the form, followed by the names of both the Seller and Purchaser. Ensure that all parties are clearly identified.
In the 'Grant of Option' section, specify the property address and any items included in the sale. Use checkboxes or strikethroughs as needed to indicate what is retained by the Seller.
Complete the 'Exercise of Option' field with a deadline for exercising this option, ensuring it is clear and accurate.
Fill out financing details under 'Financing', selecting whether it will be a cash sale, owner financing, or contingent on obtaining a new loan.
Review and complete any additional sections regarding property condition, appraisal, and closing costs as applicable.
Finally, ensure all parties sign and date at the bottom of the document before saving or sharing it for further processing.
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