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Farbar commercial contract

Farbar contract 2025

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The document is a standardized Commercial Contract provided by the Florida Association of Realtors, outlining the terms and conditions for a real estate transaction between a Buyer and Seller. It includes sections on purchase and sale details, purchase price, financing, title conveyance, closing procedures, property condition, escrow arrangements, and default provisions. The contract emphasizes the importance of legal compliance and due diligence in the transaction process.

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Click ‘Get Form’ to open the farbar contract in the editor.
Begin by filling in the 'Buyer' and 'Seller' sections with the respective names. Ensure accuracy as these details are crucial for legal purposes.
In the 'Property Description' section, provide the street address and legal description of the property being sold. This information is essential for identifying the property.
Next, specify the purchase price and any deposits in the 'Purchase Price' section. Clearly outline all financial terms to avoid confusion later.
Complete the 'Third Party Financing' section if applicable, detailing any financing arrangements that will be made.
Review all sections carefully, ensuring that all fields are filled out completely before proceeding to sign and distribute your contract.

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Versions	Form popularity	Fillable & printable
1997	4.8 Satisfied (405 Votes)

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What is an escrow contract?

The escrow agreement is a contract entered by two or more parties under which an escrow agent is appointed to hold in escrow certain assets, documents, and/or money deposited by such parties until a contractual condition is fulfilled.

What does farbar stand for?

FAR stands for the Florida Association of Realtors who have since shortened their name to Florida Realtors. Meanwhile Bar refers to the Florida Bar Association. The Far Bar contract is a standardized form for residential sale and purchase that was developed and approved by both of these entities jointly.

What is the difference between as is and far bar contracts in Florida?

AS IS contract is a warranty disclaimer. Property is sold as is in order to limit any liability relating to the condition of the property. FAR or the BAR approved contracts is what most South Florida real estate agent use.