Deed of Sale Real Estate Property
This Deed of Sale ("Deed") is made and executed on this day by and between [YOUR NAME], residing at [YOUR COMPANY ADDRESS] (hereinafter referred to as the "Seller") and [BUYER'S NAME], residing at [BUYER'S ADDRESS] (hereinafter referred to as the "Buyer").
I. RECITALS
This Deed witnesses that in consideration of the total sum of $500,000.00, receipt of which is hereby acknowledged, the Seller agrees to sell, and the Buyer agrees to buy the real estate property more particularly described in this Deed.
A. Property Description
The property being transferred, located at [PROPERTY ADDRESS], is more particularly described as follows:
Legal Description: Lot 10, Block A, Subdivision Name
Parcel Number: 123-456-789
Total Area: 2,5000 square feet
B. Confirmation of Ownership
The Seller affirms that they are the lawful owner of the property described herein and possess the right to sell the property free of any claims, liens, encumbrances, or any other restrictions.
II. TERMS AND CONDITIONS
The following are the terms and conditions agreed upon by the parties:
A. Purchase Price
The total purchase price of the property is set at $[PURCHASE PRICE].
B. Payment Terms
The payment terms are as follows:
Deposit Amount: $50,000.00 due on May 30, 2050.
The remaining Balance of $450,000.00 is due on or before [BALANCE DUE DATE].
C. Closing Date
The closing date of this property sale shall be on June 15, 2050.
D. Other Stipulations
Additional stipulations related to the sale are as follows:
The property is sold "as is" and the Seller disclaims any warranty, express or implied.
The Buyer has conducted all necessary inspections before executing this Deed.
III. SIGNATURES
IN WITNESS WHEREOF, the parties hereto have executed this Deed of Sale on the day and year first above written.
Seller:
[YOUR NAME]
[DATE SIGEND]
Buyer:
[BUYER'S NAME]
[DATE SIGNED]
IV. NOTARIZATION
This document was acknowledged before me on [DATE] by [YOUR NAME] and [BUYER'S NAME].
[NOTARY PUBLIC'S NAME]
Notary Public
My Commission Expires: [COMMISSION EXPIRY DATE]
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