Question:

What contains the agreement of sale document?

Answer:

The agreement of sale document usually contains the name of parties involved, the address and description of the property and the property purchase price and necessary deposits.

The conditions that will have to be met before the quoted terms can take effect will also be included in the agreement of sale document.

Items such as inspecting the property, removing any other property liens, broker fees, the closing date and the deadline for taking the offer are included in the agreement of sale document, as well.

Check regularly for updates - the Agreement of Sale document form may be uploaded in the appropriate section (Mortgage Application Forms) of the MortgageQnA website.

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