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Home purchase agreement

Home purchase agreement 2025

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The document is a Mobile Home Purchase Agreement outlining the terms and conditions for the sale of a mobile home between a Seller and a Buyer. It includes details about the property, delivery arrangements, title conveyance, condition acceptance, risk of loss, inspection rights, warranty of title, governing law, dispute resolution through arbitration, and provisions for modification and assignment of rights.

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Click ‘Get Form’ to open the home purchase agreement in the editor.
Begin by filling out the 'Description of Mobile Home to be Purchased' section. Enter details such as Model, Year, Serial No., Number of bedrooms, Approximate length and width, License No., Color, and Purchase Price.
In the 'Delivery' section, specify the place of delivery and date. Indicate who will arrange and pay for delivery costs.
Complete the 'Title and Conveyance' section by confirming that the Seller will convey title via a bill of sale.
Review the 'Condition of Property and Acceptance' clause. Ensure that both parties understand that the Buyer accepts the property in its current condition.
Fill in the 'Risk of Loss' section to clarify that risk remains with the Seller until delivery is completed.
Finalize by signing at the bottom of the document where indicated for both Seller and Buyer.

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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.

Who initiates a purchase agreement?

Typically, the buyer starts by sending a signed PSA to the seller. If the seller accepts the terms, theyll sign it. If the seller counteroffers, theyll sign the counteroffer and send it to the buyer. If the buyer accepts the terms, theyll sign the PSA.

Is a purchase agreement the same as closing?

While the PSA lays out the transactions details leading up to the closing date, the purchase agreement is what you sign to finalize the transaction.

Can anyone make a purchase agreement?

Either the seller or the buyer can prepare a purchase agreement.

Who is responsible for the purchase and sale agreement?

The first iteration of this document will include details that have already been agreed upon between the buyer and seller in the initial offer to purchase, such as the purchase price, initial down payment, and contingencies. It is the responsibility of the sellers attorney to draft the first iteration of the PS.

How to write a purchase agreement for a house?

How to write a real estate purchase agreement. Identify the address of the property being purchased, including all required legal descriptions. Identify the names and addresses of both the buyer and the seller. Detail the price of the property and the terms of the purchase. Set the closing date and closing costs.

Does a real estate purchase agreement need to be notarized?

If a principal cannot be physically present to sign documents, they may assign a POA to someone else to sign on their behalf. California law requires these documents to be notarized to avoid disputes regarding their validity.

Who creates the purchase agreement for a house?

Agents are responsible for putting together the final draft of a real estate purchase agreement for a house or other property. However, several parties are usually involved in creating the real estate contract, including the buyer, seller, real estate agents, and sometimes real estate attorneys.

Who writes a purchase agreement for a house?

Most often, the buyers real estate agent will write up and prepare the purchase agreement for a house. Note that agents (not being practicing attorneys themselves) cant create their own contracts.

Home purchase agreement 2025

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