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Buyer seller agreement 2025

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This document is a contract for the sale and purchase of real estate in Oklahoma, outlining the agreement between the Seller and Buyer regarding the property, sales price, financing options, property condition disclosures, closing procedures, title conveyance, and responsibilities of both parties. It includes provisions for earnest money, inspections, appraisals, and default scenarios while emphasizing that neither party has engaged a broker. The contract is governed by Oklahoma law.

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Click ‘Get Form’ to open the buyer seller agreement in the editor.
Begin by filling out the 'AGREEMENT TO SALE AND PURCHASE' section. Clearly identify the property by entering the county, address, and legal description.
In the 'SALES PRICE' section, input the agreed purchase price and detail any earnest money or financing arrangements. Ensure both columns equal for clarity.
Complete the 'FINANCING' section based on your payment method. Indicate if it’s a cash sale, owner financing, or contingent on obtaining a new loan.
Review and fill out the 'PROPERTY CONDITION' clause. Acknowledge any inspections and repairs needed before closing.
Finalize by completing sections on closing costs, title conveyance, and any additional provisions that apply to your agreement.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Can I write my own purchase agreement?

Some states, like California, have created real estate purchase agreements you can download and change. You can also get a template from PandaDoc, as well as benefiting from real estate contract management software functionality.

What makes a purchase agreement legally binding?

A purchase agreement is a legal document that is signed by both the buyer and the seller. Once it is signed by both parties, it is a legally binding contract. The seller can only accept the offer by signing the document, not by just providing the goods.

What is a buyer-seller agreement?

A purchase and sale agreement, also called a sales and purchase agreement or a purchase and sales contract, is a legally binding document that parties in a transaction use to stipulate the terms and conditions that will guide the sale and transfer of goods or property.

Does a purchase agreement need to be notarized?

Though notarization is not required, it may still be a good idea to have a notary present in order to verify the identities of all signers.

How do you write a simple purchase agreement?

A basic purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.

agreement between buyer and seller

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What is the purpose of an spa?

The primary purpose of an SPA is to establish a clear, legally binding framework for the sale and purchase of shares. This agreement helps to: Define the Transaction: The SPA specifies the transaction details, including the number of shares being sold, the purchase price, and the completion deliverables.

What is the agreement between a buyer and a seller?

A sales and purchase agreement (SPA) is a binding legal contract between two parties that obligates a transaction to occur between a buyer and seller. SPAs are typically used for real estate transactions, but they are found in other areas of business.