آخر تحديث - 13 سبتمبر 2021
Use our real estate purchase agreement to sketch out an offer to purchase real estate and the conditions of sale. Closing: Closing is the last step in a real estate transaction between buyer and seller. All agreements are concluded, money is exchanged, documents are signed and exchanged, and title to the property is transferred to the buyer. Serious money deposit: A serious deposit is a deposit that shows the good faith and obligation of the buyer to continue the purchase of the property. In return for the buyer`s serious money deposit, the seller withdraws the property from the market. At the end of the purchase, the deposit of serious money is charged to the purchase price. When the contract is terminated in accordance with the terms of the contract, the serious deposit is usually returned to the buyer. .