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Contracts for land are sometimes heavily regulated by the laws of the jurisdiction, and may require numerous specific statements.
However, a simple contract for land would recite something like this: I, Sam Seller, being the lawful owner of Blackacre, hereby grant to Bob Buyer and his heirs forever all my right title and interest to said Blackacre in exchange for good and valuable consideration as mutually agreed and delivered to my possession this date, and for which I shall deliver a quitclaim deed to said Buyer.
Wiki User
∙ 11y ago
Wiki User
∙ 15y agoYou don't write your own P&S Agreement unless you have some experience in drafting legal documents. You should seek the advice of an attorney who can explain your legal options and the consequences of signing the contract.
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What has the author W J Williams written?
W. J. Williams has written: 'Williams' Contract for sale of land and title to land' -- subject(s): Land titles, Registration and transfer, Vendors and purchasers 'Alexander Pope and Freemasonry' 'The law and practice relating to the contract for sale of land and the title to land'
Can you distinguished Contract of Sale from contract to sell?
Contract to sell is an executory contract while contract of sale is an executed contract.
What is the difference between contract of sell from contract of sale?
"Contract of sell" is just "contract of sale" misspelled.
What is a contract of sale of goods?
bill of sale
What is the difference between deed of sale to deed of absolute sale?
There is no substantial difference between DEED OF SALE and DEED OF ABSOLUTE SALE, except the words that constituted it. Because all sales are absolute whether movable or immovable, unless there is a condition provided in a particular contract, hence, it is another contract also called CONTRACT TO SELL. A CONTRACT TO SELL is substantially different from CONTRACT OF SALE, because the CONTRACT OF SALE is the DEED OF SALE or DEED OF ABSOLUTE SALE itself. The rationale of this CONTRACT OF SALE is that the rights of ownership, including all that is incidental with it are transferred absolutely upon the delivery of the thing sold without any condition; while this CONTRACT TO SELL imposes suspensive condition that is by agreement the title is reserve in the seller until the fulfillment of an obligation, thus, it is also called DEED OF CONDITIONAL SALE. My answer to this query is supported by doctrines of legal authority in the Philippines, no other than the Honorable Supreme Court. In the avalanche of cases decided by the Supreme Court, it consistently declared that; "The distinction between a contract to sell and a contract of sale is quite germane. In a contract of sale, title passes to the vendee upon the delivery of the thing sold; whereas in a contract to sell, by agreement the ownership is reserved in the vendor and is not to pass until the full payment of the price. In a contract of sale, the vendor has lost and cannot recover ownership until and unless the contract is resolved or rescinded; whereas in a contract to sell, title is retained by the vendor until the full payment of the price, such payment being a positive suspensive condition and failure of which is not a breach but an event that prevents the obligation of the vendor to convey title from becoming effective." (San Lorenzo Development Corporation vs. CA, G.R. No. 124242, 200
When is a contract required?
Any contract for real property (land sales, leases and rentals) must be in writing. Contracts for over a year or the sale of goods over $500 must be in writing.
Can a car sale by the owner be guaranteed?
Hello there. There are no guarantees with private sales, but you can attempt to look for an attorney to write up a sale contract for you between the sellers and yourself, if the seller agrees. For more information, search for "sale agreements".
Can you sell a home without a sales contract?
That would be a violation of the statute of frauds. Sale of real property (land) must be in writing.
What are the relevance of capacity to contract in a sale of goods contract?
if one of the parties does not have the capacity to contract there will be no contract formed
How write a contract?
How to write a contract for someone to join a club
What is a foreclosure under contract?
That means a lender has executed a purchase and sale contract on a property it owns by foreclosure and a sale is pending.
Does a lease agreement have to be in writing?
No, you can have an oral contract. And the courts can enforce an oral contract. There are some specific types of agreements that have to be in writing, such as the sale of land or anything for more than a year.
