The real estate market has shown an amazing growth rate in the past few years. It is a thriving business in most parts of the world. The business of property and real estate is less risky and has a lot of potential for growth and profit making. Anyone with the right amount of investment can carry out this business with good results. Even if you are not involved in the real estate business at any point in life you might want to buy or sell a piece of property.
This may be a piece of land, a house, a flat or an official building. This type of a transaction almost always requires the exchange of things of value. This means that you may want to secure the transaction with some kind of legal documentation as there are money and valuable property involved. For this purpose both the buying and selling parties need to indulge in a legal official property contract template.
What is a property contract?
The property contract is a legal document that is signed between the two parties involved in the selling and buying of a particular property. It may also be utilized to secure rental agreements between the landlord and the tenant. The property contract template ensures that the buyer pays the seller of the property the specified amount of price for the property and in return get the ownership or rental rights to the same property. This contract allows making the transaction secure.
Format: MS Word