Promise To Sell Agreement Template

You can open the Promise To Sell Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Promise To Sell Agreement Template

Printable | Editable Form




Promise To Sell Agreement Template (1)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This agreement serves to formalize the intention to sell and purchase the property situated at [Property Address], under the terms set forth herein.
Clause 1: Property Details
The property subject to this agreement is described as follows: [Provide detailed description of the property including parcel number, dimensions, and any fixtures included].
Clause 2: Purchase Price
The total purchase price for the property shall be [Amount], payable as follows: [Specify payment terms, including deposit and balance payment].
Clause 3: Closing Date
The closing of the sale shall occur on or before [Closing Date], unless otherwise agreed in writing by both parties.
Clause 4: Contingencies
This agreement is contingent upon the following conditions: [Outline any contingencies such as financing, inspections, or other requirements].
Clause 5: Representations and Warranties
The Seller represents that they are the legal owner of the property and have the authority to sell it free from any encumbrances, except as may be disclosed herein.
Clause 6: Default
In the event of a default by either party, the non-breaching party may pursue legal remedies as permitted by law.
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Promise To Sell Agreement Template (2)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This Promise To Sell Agreement outlines the proposed sale of the property located at [Property Address], detailing the obligations of the parties involved.
Clause 1: Description of Property
The property includes: [Detailed description, including all accessories and any relevant zoning information].
Clause 2: Purchase Price and Payment Schedule
The purchase price is set at [Amount], with a deposit of [Deposit Amount] due upon signing this agreement and the remainder due at closing.
Clause 3: Closing Procedures
Closing shall take place at [Location] and shall include the delivery of the deed and any necessary documentation to the Buyer.
Clause 4: Inspection Rights
The Buyer has the right to conduct a property inspection within [Number of Days] days prior to closing, at which point all findings must be disclosed to the Seller.
Clause 5: Title and Possession
Upon successful completion of the sale, the Seller agrees to provide clear title to the property and possession shall be given on closing day.
Clause 6: Indemnification
Each party agrees to indemnify and hold the other harmless against any claims arising from their respective actions or omissions related to this agreement.
Clause 7: Amendment
Any amendments to this agreement must be made in writing and signed by both parties.
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]

Form

Please complete the form below to create the Promise To Sell Agreement Template. All fields must be filled out to ensure a clear and complete agreement. We provide examples to guide you through each step.

Promise To Sell Agreement Template

1. Seller Information


2. Buyer Information


3. Property Details

4. Agreement Terms


5. Conditions of Sale

6. Default and Remedies

7. Governing Law

8. Miscellaneous Provisions

9. Signatures and Acceptance

10. Declaration and Signatures




PDF


WORD

Printable

Promise To Sell Agreement Template

Printable | Editable Form




Promise To Sell Agreement Template