Sample Letter of Transfer Ownership of Property
Date: October 24, 2050
To: Drake Feeney
Email: drake@you.mail
Address: Austin, TX 73301
Subject: Transfer of Ownership of Property
Dear Mr. Feeney,
I am writing to formally transfer ownership of the property located at 123 Maple Street, Austin, TX 73301, from myself to you. This letter serves as a legal document to confirm the transfer of ownership rights in accordance with our prior agreement.
The property in question is a three-bedroom, two-bathroom residential home situated in a quiet neighborhood, known for its excellent schools and community amenities. I confirm that the property is free of any liens or encumbrances and is sold in "as-is" condition.
Agreement
As of the date of this letter, I, [Your Name], hereby transfer and assign all rights, title, and interest in the aforementioned property to you, Drake Feeney. This transfer includes any improvements, fixtures, and natural resources associated with the property.
Both parties agree to the following terms:
Purchase Price: The total agreed purchase price for the property is $350,000.
Payment Terms: A deposit of $35,000 has been received, with the balance due on or before November 30, 2050.
Closing Date: The closing date is scheduled for December 15, 2050.
Please sign below to acknowledge your acceptance of this transfer. A duplicate copy of this letter is enclosed for your records.
Signatory Section
Transferor: [Your Name]
Date: October 24, 2050
Transferee: Drake Feeney
Date: October 24, 2050
Thank you for your cooperation. Should you have any questions regarding this transfer or require further clarification, please feel free to reach out.
Sincerely,
[Your Name]
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