Contract Terms
Contract terms are the specific provisions, conditions, and obligations that define the legal agreement between parties in a real estate transaction.
| Essential Terms | Requirement |
| Parties identified | Full names and details |
| Property description | Address and specifications |
| Purchase price | Amount and currency |
| Payment schedule | Dates and installments |
| Completion date | Final transfer timeline |
| Supplementary Terms | Common Inclusions |
| Fixtures and fittings | What remains with property |
| Warranties | Seller guarantees |
| Conditions precedent | Requirements before completion |
| Termination rights | Exit provisions |
| Dispute resolution | Arbitration or litigation |
Related Terms
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