What is a Real Estate Form

The real estate form is a legal document that outlines the details of the property to be leased or purchased. This form is useful after the tenant has agreed upon purchasing or renting the given property from its original owner. The real estate form is useful for noting down the particulars about the tenant with regards to the property to be leased, rented or purchased. There must be mention of various particulars like security deposits to be made, references of the potential purchaser or tenant proving their reliability etc. This form needs to be deftly constructed as it serves a preliminary step in finalizing the renting or purchasing of the certain property.  The following must be kept in mind during the formulation of the real estate form:

  • Firstly, there should be mention of the real estate company that is acting as an agent for the actual owner of the property. After this the form must contain necessary provisions which the potential buyer can fill up such as name, address, phone number, social security number etc.
  • After this, the form must state the details about the property and provide options for the buyer to agree or disagree to the terms and conditions.
  • The real estate form must also provide adequate space for payment details to be entered by the buyer. The various legal conditions should be stated along with this. There should also be mention of additional costs that may or may not be part of the grand amount. This is entirely dependent on the property at hand.
  • The penultimate section of the form should state the period within which the transactions must be finalized in order to permanently or temporarily transfer ownership to the buyer.
  • Lastly, there must authorized signature made by the lawyers of both parties finalizing the deal made.

Category: Sample Forms

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