AFY Pamela Alexander - FSBO v2

contract. It is also customary to state the marital status of the parties involved. Naming the contract — It is important to title the contract so that its purpose is clear. There’s no hard and fast rule regarding how a contract should be titled. For example, you could simply name it “Real Estate Purchase Contract” or “Purchase Agreement.” The title is usually placed at the top of the contract. Once the contract has been titled, you can use a shortened form of the title throughout the body of the contract. For instance, if you use the title “Real Estate Purchase Agreement,” you can simply refer to the contract as “the Agreement.” Date the contract — It is essential to date the contract to protect the legal interests of both parties. In case of any kind of legal issues involving the parties in question, the date of the contract might become very important. Describing the property — It is important to describe the property in detail and provide the common address of the property in the contract. You can get the full legal description of the real estate in the deed to the estate. The deed is legal paperwork that states the official ownership of a particular property or home. A copy of the deed can be obtained from the

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