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Real Estate Contract (Residential) Page 1 of 10 KELLER WILLIAMS REALTY OF NW ARKANSAS 2418 E. Joyce Blvd. Fayetteville, AR 72703 pH: (479) 442-4228 Fax: (479) 442-2022 Arkansas REALTORS Association
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How to fill out paperwork for selling a house by owner form

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How to fill out arkansas real estate contract:

01
Start by identifying the parties involved in the contract, which typically include the buyer(s) and seller(s) of the property.
02
Include a detailed description of the property being sold, with information such as its address, legal description, and any included fixtures or personal property.
03
Specify the purchase price and financing terms of the transaction, including the amount of any earnest money deposit and the desired closing date.
04
Outline any contingencies or conditions that must be met for the contract to be binding, such as property inspections, financing approval, or the sale of another property.
05
Include any additional terms or clauses that are relevant to the specific transaction, such as seller financing, leaseback agreements, or home warranty provisions.
06
Carefully review the contract language to ensure it accurately reflects the intentions of both parties and seek legal advice if needed.
07
Once the contract is completed, all parties involved should sign and date the document, showing their agreement to its terms and conditions.

Who needs arkansas real estate contract:

01
Individuals or entities involved in a real estate transaction, such as buyers and sellers, require an Arkansas real estate contract.
02
Real estate agents or brokers facilitating the sale or purchase of a property should also use an Arkansas real estate contract to ensure a legally binding agreement.
03
Lenders or financial institutions providing financing for a real estate transaction may require a signed contract as part of their underwriting process.
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An Arkansas real estate contract is a legally binding agreement between a buyer and a seller regarding the sale of real property in Arkansas. It outlines the terms and conditions of the transaction, including the purchase price, closing date, and any contingencies.
Typically, the buyer and seller involved in the real estate transaction are required to file the Arkansas real estate contract. Additionally, real estate agents or brokers representing the parties may assist in filing the contract.
To fill out an Arkansas real estate contract, both parties should review the document carefully, complete all required fields such as property description, purchase price, and terms of agreement, and ensure that all parties sign the contract. It is advisable to seek legal guidance if needed.
The purpose of an Arkansas real estate contract is to establish a clear understanding between the buyer and the seller regarding the sale of a property, to protect the interests of both parties, and to provide a legal framework for the transaction.
An Arkansas real estate contract must report information such as the names of the buyer and seller, property address and legal description, purchase price, terms of financing, contingencies, closing date, and any additional clauses or agreements.
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