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Deed Of Contract To Sell
"I need a Deed of Contract to Sell for a commercial property in Dallas, Texas, valued at $2.5 million, with a closing date of March 15, 2025, and specific provisions for environmental inspection and remediation requirements."
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1. Parties: Identification and details of the seller and buyer
2. Background: Context of the sale and property description
3. Definitions: Key terms used throughout the document
4. Property Description: Detailed legal description of the property being sold
5. Purchase Price: Amount and payment terms
6. Closing Date: Date of transfer and completion
7. Title and Conveyance: Terms regarding transfer of title and property rights
8. Representations and Warranties: Statements of fact and promises made by both parties
9. Closing Conditions: Requirements that must be met before closing
10. Default and Remedies: Consequences of breach and available remedies
1. Financing Contingency: Terms related to buyer obtaining financing - include when buyer requires mortgage financing
2. Inspection Contingency: Terms related to property inspection - include when buyer requests inspection period
3. HOA Provisions: Homeowners Association terms - include when property is part of an HOA
4. Environmental Matters: Environmental inspections and warranties - include when property may have environmental concerns
5. Tenant Rights: Provisions regarding existing tenants - include when property is currently leased
1. Schedule A: Detailed property description and boundaries
2. Schedule B: List of included fixtures and fittings
3. Schedule C: Property disclosure statement
4. Appendix 1: Title documents and certificates
5. Appendix 2: Property survey (if applicable)
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