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WebAug 10, 2024 · A real estate contract is a legally binding agreement outlining the terms and conditions of a real estate transaction. When a buyer wants to purchase a new home, their agent sends an offer letter ... WebPURCHASE AGREEMENT THIS IS A LEGALLY BINDING CONTRACT BETWEEN PURCHASER AND SELLER IF YOU DO NOT UNDERSTAND IT, SEEK LEGAL ADVICE 1. PARTIES TO CONTRACT - PROPERTY. Purchaser and Seller acknowledge that Broker is_____ is not_____ the limited agent of both parties to this transaction as outlined in … WebApr 27, 2024 · A Sales Agreement is a legally binding contract between a buyer and a seller to outline the terms of a transaction. Either the buyer or seller can create a Sales Agreement to document the transaction. A Sales Agreement outlines: Details about each party. The exchange of goods or services. poor anglo saxon clothes