It is important to note that there is a separate property law governed by a owners association (p. 32-21-5-8.5) that requires the seller to provide the purchaser with a copy of the registered administrative documents, an evaluation statement and information about the HOA`s administrative services. On the seller`s disclosure form, the box adjacent to the HOA issue must be reviewed and the necessary information inserted in the «Additional Comments» section or added in addition. The seller of residential real estate (Form 46234) – this is a complete disclosure form that must be completed by the seller of a residential property and submitted to any potential buyer. The seller`s residential real estate sales form informs the buyer of defects, problems or other information that must be disclosed before a sales and sale agreement is concluded. Residential sales contracts generally contain promises and provisions that guarantee the condition of a property. In some states, sellers are required to provide additional documentation to ensure the status of the accommodation. While other states require the seller to reveal a certain type of problem on the ground, such as. B a material error. In Indiana, in addition to the sales contract, you must complete the following documents: You must make this contract available to the customer. Make sure it is well prepared and does not contain errors. With PDFfiller, it`s easy to do. Imagine that this document is a roadmap for the period between the signing of the agreement and the conclusion of the sale.
Eventuality: An eventuality is a condition that must be fulfilled for the purchase to take place. If the eventuality is not fulfilled, the buyer has the option to terminate the contract and not continue the purchase. Some examples of common contractual quotas are: Earnest Money Deposit: A serious money deposit is a down payment that shows the buyer`s good faith and obligation to continue buying the property. In return for the buyer who makes a serious deposit of money, the seller removes the property from the market. At the conclusion of the purchase, the deposit of the money is credited with the purchase price. If the contract is terminated under the terms of the contract, the deposit of money is normally refunded to the buyer. Take advantage of our real estate purchase agreement to outline an offer to buy real estate and the terms of sale. The Indiana sales contract consolidates the contractual obligation between a seller and a buyer participating in a real estate transaction for the sale of residential real estate.