Tag Archive: offer to purchase

9 Essential Elements Of Legitimate “Offer To Purchase” Contracts

Making an Offer to Purchase is a very important step in the home-buying or home-selling process. The Offer to Purchase is equally important for the buyer and the seller and therefore should not be taken lightly by any of the parties involved.

It is an agreement containing the terms and conditions of the sale and the purchase. Once signed, it constitutes a Deed of Sale, being the foundation of the legalities of the entire transaction.

With all this in mind, you (being the seller or the buyer) should carefully review every detail before signing the offer.

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What is an Offer To Purchase?

An Offer to Purchase is one of the most important documents when purchasing property. This document contains all the information about the parties involved, the property being sold, details regarding the sale, any specific conditions and also the price offered and accepted.

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