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Real Estate Buy Sell Agreement Template Form: What You Should Know

Fee Schedule) BINDING CONTRACT A valid and enforceable binding agreement is one made by a seller and buyer, one that the buyer can sign without any conditions or objections. A signed binding agreement satisfies all contractual obligations of the parties. This contract is legally binding upon both parties, so that if a contract is not signed within three business days after the deadline for the signature of the contract, the buyer, in the absence of valid or enforceable objections or the consent of a contracting party, will be bound by the contract. This Contract has already been accepted, and you are in fact a party to it. If you no longer wish to proceed with the signature, you can cancel the contract any time during the three business days after the deadline. In such case, the buyer is required to pay the seller. SALES TERMS The following terms and conditions are part of this agreement, and they shall be binding and shall govern both parties and their respective property or rights in the property together. 1) The seller agrees to accept the property offered by the purchaser, and the purchaser agrees to pay the sum at  whichever price appears to be most reasonable to the seller. 2) The property offers for sale are: (a) at the seller's warehouse, (b) at the seller's principal place of business, (c) in any city and town in  Colorado that the purchaser has chosen as his place of business, (d) at any premises where the property is offered for sale. 3) This Contract shall be recorded in the office of the Secretary of State and in the manner prescribed by the Secretary of State for the recording of any sales contract. 4) The seller, in addition to and in lieu of the regular duties associated with the real estate business in which he performs, and the purchaser, in addition to and in lieu of the normal duties associated with the business of a buyer, have agreed to be joined as a co-owner of the purchased property. 5) The seller agrees that the property has, for consideration, been offered for sale to anyone else at the seller's request without the permission of the owner of the property being offered to the person, or any other person having the exclusive right of possession of the property offered.

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