Property Purchase Agreement


A property purchase agreement is a written document which is framed when a party purchases property from another party who is either the owner or the broker of the property. Such agreements are based upon mutually agreed conditions and terms which are legally binding for the involved parties.

Sample Property Purchase Agreement:

This agreement has been made effective as on 12th Dec 2011

This agreement has been made between the parties whose details are given as follows:

PURCHASER

Name: Mr. Fred Will

Address: 3-W North town, Fredrick street, New Jersey

Contact number: 437092302020

SELLER

Name: Mr. Will Broad

SELLER is the broker of the property and agrees to sell it to the PURCHASER.

Contact number: 4739538753290

Details of property:

Address: A-2, west gate street, New Jersey

Total cost: $60000

Method of payment: Cheque

The property is being sold to the PURCHASER on the date of 17th Dec 2011

The following are the terms and conditions of the agreement:

  • The SELLER agrees to sell the property along with all its legal papers and other documents.
  • The PURCHASER must make the entire payment on the date of handling ownership rights by the SELLER.
  • The SELLER must not and cannot interfere in the matters of the property use by the PURCHASER.
  • The PURCHASER is free to use the property in any way he wishes except for all illegal activities.
  • The PURCHASER and SELLER must keep the information amongst themselves.

Both the parties hereby agree to the terms and conditions of the agreement:

Fred Will

Will Broad.

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Intellectual property Form

Category: Purchase Agreements

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