Major negotiations and extensions of representations and guarantees can be rendered meaningless if the buyer does not pay attention to the form of unity with which he associates. In certain circumstances, z.B. if the consideration is an ad hoc vehicle, a holdback or trust agreement may be necessary to protect the buyer in the event of a future breach of a warranty or warranty. If the property is located in a registered county, there should be a scribe or registry of the State Office, where all local property records are located. If you opt for the filing of the facts, there may be a transfer tax or tax on turnover (if it was managed during the closing), with the buyer who is obliged to sign the deed in the presence of a notary. Once the deed is filed and accepted, the property is in the buyer`s name. The conclusion is when the parties meet and the financial transaction is completed. This is usually done with a law firm or law firm that processes the necessary documents and verifies whether the funds were sent and received during the management of the new act. If there are real estate agents, they are due to their commission, as written in their list contract. The description of the property is one of the most important aspects of the agreement; it is the written description of what is transmitted and what is not. The legal description of the property is the written word that copies the specific properties of mediation. It may consist of metes and boundaries or a given terrain, indicated in a recorded plate. It is generally included in the original agreement, although if a specific legal description is not available, if the sales contract is signed, it may be added after a title insurance company has established the legal description as a result of its investigation into the status of the title.
In this case, the agreement must indicate the property by other means (z.B by the street address) in order to clearly determine which property is being sold. Legal assistance from both parties should ensure that the legal description of the property is entirely correct.