Whenever any property issue arises, we refer to the property agreement. Any kind of property like real estate, life insurance, vehicles, bank accounts or assets is dealt through the property agreement, created for the sale or purchase of such kind of properties. A lawyer is required to draft the official document that satisfies the demands of both parties. You can also take the help of agreement templates to draft an effective property agreement according to your requirements.
6 Steps to Make a Property Agreement
In any property agreement, the risk always remains. The best way to ensure everything is under control is to include the following clauses mandatorily:
Step 1: Indemnity Clause
The indemnity clause is necessary to indemnify the buyer against any legal issue in the property. In instances such as forceful transfer of property or claiming the property by the heir of the seller arise then the seller is bound to compensate the buyer for any incurred loss.
Step 2: Penalty Clause
If either of the buyer or seller back out from the agreement without any valid reason, then the forfeiting party would have to pay the token amount back to the other party as a penalty. If this clause is not put into effect then the seller would continue looking for buyers paying more than the existing.
Step 3: Outstanding Dues Clause
It is essential to mention in the agreement that the seller would pay all the dues (if any) in the name of the property before the property in question is handed over to the buyer as the sole owner. The dues should be cleared within the date of registration.
Step 4: Right to Call Off the Agreement
This clause should be included in the agreement for the benefit of the buyer, so the buyer has full authority to call off the agreement under circumstances such as any legal defect in the property. The buyer’s loan has not been approved by the bank or if the seller has failed to provide all the original documents related to the property.
Step 5: Transfer of Deposits
The agreement should also mention about the amount of deposit by the seller like the electricity payments, gym membership, etc. (if any). Without this clause, the seller may demand extra money even after all the payment of deposit from the buyer.
Step 6: Signature Page
For any official document, including the signature page is mandatory at the end of the entire document. After reading the agreement, both the seller and the buyer forward their acceptance by signing the signature page followed by the current date below.
18+ Property Agreement Templates
1. Property Sale Agreement Template
Ensure the efficient content of your company’s property sale transactions through adequate paperwork and comply with legal demands through the use of this Property Sale Agreement Template for ownership. This property contract has a customizable design of documents that complies with legal standards. Download now to get this template!
2. Property Purchase Agreement Sample Template
Clearly define the terms and conditions of the estate that you plan to buy through an officially published document that you can readily edit using this model for purchasing a estate agreement. You can readily go through all the ready-made clauses in this Property Purchase Agreement Sample that apply to your requirements and purpose. This agreement template in word comes handy for your company as well!
3. Property Management Agreement Template
Make the clauses of your property agreement that suits your requirements and satisfy the buyer as well with the help of this property management agreement, now available in all your favorite file formats- Docs, word and Pages so you can modify the clauses and add any information agreed upon by both parties. Hurry and grab this template now!
4. Property Lease Agreement Template
Define clearly your terms and conditions as the apartment landlord to your customers by offering each tenant with a fair agreement that you can rapidly prepare by using this premium property lease agreement template for renting apartments. You are sure to cover all the terms and conditions that you and your tenant need to fulfill in the best possible way.
5. Property Settlement Agreement Template
Use this Property Settlement Agreement template to organize your terms and conditions with your company’s co-owners. This agreement is essential for its ongoing operation in the case of the death or leave of a co-owner on the company. This property management agreement template enables you to professionally and quickly generate this document. So stop wasting time and download today!
6. Property Access Agreement Form Template
Getting a divorce can be particularly stressful when it comes to property and assets. To guarantee proper settlement of property and marriage obligations, make sure that these settlements are legally established by downloading our accessible Property Access Agreement Form. Your assets and belongings will be safeguarded well by using our property agreement, easily downloadable and customizable as well!
7. Property Loan Agreement Template
Be ready by displaying a well-organized and sector standard sales agreement that you can readily generate if you have this premium Property Loan Agreement template on your PC or mobile phone when selling your house to ready customers. This property lease agreement template is easy customizable and you can edit the content if it doesn’t suit your requirements.
8. Property Acquisition Agreement Template
With the help of this Property Acquisition Agreement Template, now you can not only specify the terms and conditions of your agreement but also make sure both the buyer and seller gets acccess to the benefits mentioned in the property contract as well!
9. Property Manager Agreement in PDF
Whether you are selling your property or buying a new one, it’s importan to know how to manage property effectively! Now using this Property Manager Agreement, available in PDF format, you can easily find the required information for your partner, so that you can create effective contracts.
10. Personal Property Lease Agreement Template
If you are looking for a perfect property rental agreement to deal with your client, then this the right thing for you., Now download this premium template with its legal standard to help you with your property and strike the best deal that suits both the parties.
11. Residential Property Sale Agreement in PDF
When you move out of your resident, for a better opportunity outside, then you need to take care of your old home. Now you can easily put it up on sale with the help of this Residential Property Sale Agreement, downloadable from us in PDF format and also very convenient for customizing for your device.
12. Sample Intellectual Property Agreement Template
With the help of this Intellectual Property Agreement, you can easily make a deal of your intellectual property with your client. Make your conditions and provisions clear to make good use of our property agreement sample so that you can customize and modify the clauses according to your convenience.
13. Agreement of Sale of Immovable Property Template
Get a clear deal with your clients using this Agreement of Sale of Immovable Property, available in PDF format so that you can download in your device and customize the premium structure to suit your and your client’s provisions for a better and improved deal.
14. Property Ownership Agreement Template
If you are looking for an effective property agreement for your future property lease dealings, then this Property Ownership Agreement Template is what you need. With our editable agreement templates, you can easily edit and customize the required details for the best of both parties.
15. Intellectual Property Ownership Agreement in DOC
When you need to make a deal with your intellectual property, you should probably need this Intellectual Property Ownership Agreement, now available in Word format. Hurry and grab this opportunity to download this template and start creating property agreements!