Contract Of Sale Of Commercial Property is an agreement between buyer and seller of the property. Also, it is transfer ownership of property exchange for cash on another tread. This particular agreement uses to help in explaining the terms and conditions for the Sale Of Commercial Property.
And the commercial purchase contract demands advance payment to seal the deal. Also, this advance payment is refundable in the case of post-inspection of the property.
Contract of sale of commercial property also additionally explores the setup, equipment, machinery, obtaining certain licenses and permissions before actually signing the contract.
Why use a Contract of sale of commercial property?
The contract is a mutual one and covers both the parties and therefore should be very carefully drafted.
Types of Commercial Property
1. Buildings/Apartment
2. Hotels
3. Land
4. Retail shop
5. Industries
This Should be Includes in Contract Of Sale Of Commercial Property :
[SELLER NAME]
[BUYER NAME]
[SELLER ATTORNY]
________________________________________________________________________________________________________________________________________________________
PHONE NO: _____________________________
[BUYER ATTORNY]
________________________________________________________________________________________________________________________________________________________
PHONE NO: _____________________________
[COMPLETE ADDRESS]
________________________________________________________________________
[RECITALS]
______________________________________________________________________________________________________________________________________________________________________________________________________________________________________
[PRICE]
_________________________________________
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