Residential Purchase Agreement Alabama
Contracts for the purchase and sale of residential real estate in Alabama allow a buyer and seller to enter into a legally binding contract on real estate. The main terms of the agreement consist of a purchase price, an acompt and financing conditions (if any). The parties may also allow the agreement to be subject to conditions, for example. B that the buyer can sell his house, that the buyer receives financing or that other agreed terms are agreed. Once the form has been signed by both parties, each has the duty of concrete service to conclude his end of activity in order to facilitate a conclusion. Right to contract: the decision maintains the importance of the terms of the sales contract (contract). Sellers and buyers ultimately control the responsibilities of the parties after an agreement is signed.