This legal document delineates the terms and conditions of an agreement between the buyer and seller, ensuring a smooth transaction in the sale of real estate property.
Whether you’re looking to purchase or sell property in Nebraska, our customizable contract will serve as your guideline.
Download and edit this comprehensive, yet easy-to-understand document to suit your needs, setting the stage for a successful real estate transaction.
Please remember that this contract is an important part of any property purchase agreement, protecting both parties involved in the sale.
REAL ESTATE PURCHASE AGREEMENTTHIS REAL ESTATE PURCHASE AGREEMENT (the “Agreement”) is entered into this [Date] (the “Effective Date”), by and between [Seller’s Full Legal Name] (the “Seller”), of [Seller’s Address], and [Buyer’s Full Legal Name] (the “Buyer”), of [Buyer’s Address].
DESCRIPTION OF THE PROPERTYThe Seller agrees to sell, and the Buyer agrees to buy the real property located at [Property’s Address], including all improvements, fixtures, and appurtenances thereon (collectively, the “Property”).
PURCHASE PRICE AND TERMSThe purchase price for the Property is [Purchase Price] Dollars ($[Purchase Price in Numerals]), payable as follows: [Describe Payment Terms].
CONDITION OF THE PROPERTYThe Property is sold “AS IS”, without warranties or representations of any kind. The Seller represents that there are no known material defects not disclosed to the Buyer.
CLOSINGThe closing shall occur on or before [Closing Date] at a location to be agreed upon. The Seller shall convey the Property to the Buyer by a warranty deed, free and clear of all liens and encumbrances.
POSSESSIONThe Seller shall deliver possession of the Property to the Buyer at closing, unless otherwise agreed in writing.
PRORATIONSAll property taxes, rents, and other expenses of the Property shall be prorated as of the date of closing.
DEFAULTIn the event of default by the Buyer, the Seller may, at its option, retain all or part of the earnest money deposit as liquidated damages. In the event of default by the Seller, the Buyer’s sole remedy shall be the return of the earnest money deposit.
GOVERNING LAWThis Agreement shall be governed by and construed in accordance with the laws of the State of Nebraska.
ENTIRE AGREEMENTThis Agreement constitutes the entire agreement of the parties and supersedes all prior discussions, negotiations, and agreements, whether oral or written.
AMENDMENTSThis Agreement may be amended only by a written agreement signed by both parties.
SIGNATURESThe parties have executed this Agreement as of the Effective Date. ______________________ ______________________ [Seller’s Full Legal Name] [Buyer’s Full Legal Name] ______________________ ______________________ Date Date
If you’re looking into property agreements in the Cornhusker State, these templates may serve as useful resources. For instance, if you’re buying a property, peruse the Contract for Deed Template Nebraska for detailed guidelines on property purchase agreements. On the other hand, if you’re planning to lease a property, our Contract for Rental Property Nebraska template can provide you with the necessary information on rental agreements. Together with this Contract for Sale of Real Estate in Nebraska, you can effectively navigate through any property deal in Nebraska.