You are free to download, modify, and tailor this comprehensive legal document according to your needs. Make your real estate transactions smoother with our easily editable Contract for Sale of Real Estate in Alaska.
REAL ESTATE PURCHASE AGREEMENTTHIS REAL ESTATE PURCHASE AGREEMENT (the “Agreement”) is made and entered into this ______ day of ________________, 20______ (the “Effective Date”) by and between _____________________ (the “Seller”) and ______________________ (the “Buyer”).
1. PROPERTYSeller agrees to sell and convey to Buyer and Buyer agrees to purchase from Seller the Property situated in the State of Alaska, located at _______________________________________ and legally described as: ___________________________________________
2. PURCHASE PRICEThe purchase price for the Property is ____________________ U.S. Dollars ($__________), payable as follows: ______________________
3. INSPECTIONS AND INVESTIGATIONSBuyer may conduct any inspections and investigations of the Property it deems necessary and shall have the right to cancel this Agreement based on the results of such inspections and investigations.
4. TITLETitle to the Property will be delivered by a standard form of Alaska warranty deed and shall be subject to: current real estate taxes, assessments, covenants, conditions, restrictions, rights of way and easements of record.
5. CLOSINGThe closing of the purchase and sale of the Property shall occur on or before ______________________ at the office of the escrow agent mutually agreed upon by the parties.
6. POSSESSIONPossession of the Property shall be delivered to Buyer at Closing.
7. GOVERNING LAWThis Agreement shall be governed by and construed in accordance with the laws of the State of Alaska.
8. ENTIRE AGREEMENTThis Agreement contains the entire agreement of the parties and there are no other promises, conditions, understandings or other agreements, whether oral or written, relating to the subject matter of this Agreement.
9. AMENDMENTThis Agreement may be modified or amended in writing, if the writing is signed by the party obligated under the amendment.
SIGNATURESThis Agreement is agreed to by the Parties as of the Effective Date. SELLER: ______________________ SIGNATURE: ______________________ DATE: _________ BUYER: ______________________ SIGNATURE: ______________________ DATE: _________
For those interested in various aspects of real estate transactions in Alaska, different types of contracts are available to guide you through the process. If you’re considering selling a property, the Contract For Sale Of Real Estate In Alaska will provide all the necessary information and provisions. However, if you’re looking into owner financing, a useful resource would be the Contract For Deed Template Alaska. Additionally, if you wish to lease out a property, the Contract For Rental Property Alaska can be handy to ensure all rental terms are documented properly.