A New Mexico Purchase and Sale Agreement is a legal document used in real estate transactions to outline the terms of buying or selling property. It includes details such as the buyer and seller’s names, property description, sale price, payment terms, earnest money (a deposit), financing conditions, and the closing date. PDF | WORD | EXCEL | ODT file formats.
A New Mexico Purchase and Sale Agreement is a legal document used in real estate transactions to outline the terms of buying or selling property. It includes details such as the buyer and seller’s names, property description, sale price, payment terms, earnest money (a deposit), financing conditions, and the closing date. PDF | WORD | EXCEL | ODT file formats.
The purchase and sale agreement becomes legally binding when both parties sign the contract and the buyer gets the notice that the seller has accepted the deal. The buyer can get the notice in-person, by phone, and/or email.
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