The land purchase agreement is the preliminary document that must be prepared and signed by parties when a vendor wishes to sell a piece of land to the purchaser.
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A land contract — often described by other terminology listed below — is a contract between the buyer and seller of real property in which the seller provides the buyer financing in the purchase, and the buyer repays the resulting loan in installments. A land purchase agreement is a real estate document that's legally binding between the purchaser and the original landowner. 2 what purpose does it serve?
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Completing your land purchase agreement. Fill, sign and send anytime, anywhere, from any device with pdffiller. Because all agreements for the purchase and sale of land must be in writing to be legally enforceable, the agreement provides a general layout for addressing the main issues. In addition to discretionary purchases of blighted land in advance a similar power of acquisition by agreement in respect of land the enjoyment of which is seriously.
