Real Estate Settlement Deed

Real Estate Settlement Deed

I. Introduction

This Real Estate Settlement Deed ("Settlement") is entered into by and between [YOUR NAME] ("Seller") and [BUYER NAME] ("Buyer") as of [DATE]. This document outlines the agreement for the transfer of property located at [PROPERTY ADDRESS].

II. Parties Involved

[YOUR NAME]: The seller of the property.

[BUYER NAME]: The purchaser of the property.

III. Property Details

The property subject to this Settlement is described as follows:

Address: [PROPERTY ADDRESS]

Type: [PROPERTY TYPE] (e.g., residential, commercial)

Land size: [LAND SIZE] acres

IV. Settlement Amount and Terms

The parties have agreed to the following terms regarding the sale and transfer of the property:

Sale Price: [SALE PRICE]

Deposit: [DEPOSIT AMOUNT], paid on [DEPOSIT DATE]

Remaining Balance: [REMAINING BALANCE], to be paid on [BALANCE PAYMENT DATE]

Inclusions: [LIST OF INCLUDED ITEMS] (e.g., furniture, appliances)

V. Conditions and Warranties

The Seller warrants that the property is free of liens and encumbrances, except as explicitly stated herein:

Mortgage Details: [MORTGAGE DETAILS IF APPLICABLE]

Other Liabilities: [DETAILS OF OTHER LIABILITIES]

VI. Closing Date

The closing date of this real estate transaction will be on [CLOSING DATE]. All necessary documents and final payments must be completed and submitted by this date.

VII. Miscellaneous

Governing Law: This Settlement shall be governed by the laws of the State of [STATE].

Amendments: Any changes to this Settlement must be made in writing and signed by both parties.

VIII. Signatures

Both parties hereby agree to the terms stated within this Settlement:

[SELLER NAME]

[DATE]

[BUYER NAME]

[DATE]

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