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Mobile home purchase agreement

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The document is a Manufactured Home Purchase and Sale Agreement outlining the specific terms and general conditions for the sale of a manufactured home. It includes details such as buyer and seller information, property specifics, purchase price, earnest money, included items, closing procedures, title insurance, and contingencies related to park rules and lease assumptions. The agreement also addresses default remedies, professional advice recommendations, and the responsibilities of both parties regarding inspections and disclosures.

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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.

Does a purchase and sale 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.

Who prepares the purchase and sale agreement?

In most real estate transactions, the sellers agent is responsible for drafting the purchase agreement. The cost for this service is usually included in the sellers commission fee, which is paid at closing. However, in a For Sale By Owner (FSBO) scenario, the buyers agent often steps in to prepare the agreement.

Who creates purchase and sale agreements?

In summary, both real estate agents and attorneys play vital roles in filling out a purchase agreement. Agents handle the initial stages and use standard forms, while attorneys provide legal advice and ensure compliance with state laws. This collaborative approach ensures a smooth and legally sound transaction process.

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.

What is a purchase agreement for a mobile home?

A mobile home purchase agreement template is used when buying a mobile home. Specifically crafted for mobile home transactions, this template outlines the terms, conditions, and responsibilities for both buyers and sellers.

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Who draws up the purchase and sale agreement?

Who Writes the P and S Agreement? In most states, the purchase and sale agreement is a standard form legal document presented by a real estate agent while attorneys generally handle more complicated sales contracts. Some states, however, require an attorney to draft this agreement.

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.