Once the buyer`s investigation is complete, the seller can ask the buyer to remove any contingencies he has placed on the contract. If the buyer eliminates these contingencies, the seller can withhold the buyer`s down payment if he leaves the contract. As a general rule, the seller can only keep the deposit if he is not responsible for the buyer who withdraws from the business. 6 The rest of the buyer`s purchase money is within 45 days of the property 3525 Del Mar Heights #370 San Diego, CA 92130 SURE Real Estate10% of the contract price until September 29, Heritage escrow Company immediately from 😀 ate:(1) (2) (3)(3)Buyer`s Initials () )) CALIFORNIA ASSOCIATION OF REALTORS , by DateVLPA REVISED 4/10 (PAGE 2 OF 10) VACANT PURCHASE LAND LAND AGREEMENT (VLPA PAGE 2 OF 10) LOAN APPLICATIONS: Within 7 (or) days following reception, the buyer must send the seller a letter from the lender to orloan, which indicates that the buyer is prequalified or previously authorized on the basis of a review of the buyer`s written application and credit report for all PAYMENT AND CLOSING PAYMENT AND CLOSING COST: Buyer (or lender of the buyer or credit broker in accordance with the 3H (1)), Delivery to the seller will check the buyer`s down payment and acquisition costs in writing. $2 PRICE (TOTAL): .. $The U.S. copyright laws (title 17 of the code) prohibit unauthorized reproduction of this form or part of that form by photocopier or any other means, including facsimiles or computerized formats. Copyright 1996-2010,CALIFORNIA ASSOCIATION OF REALTORS , INC. ALL RIGHTS REVISED 4/10 (PAGE 1 OF 10) VACANT LAND PURCHASE AGREEMENT (VLPA PAGE 1 OF 10)Reviewed by DateBuyer`s Initials () () Seller`s Initials () (LOAN) in hehe von . $of the amount of the loan.$Prepared with zipForm softwareAgent:Phone:Fax: OF PURCHASE PRICE OR DOWN PAYMENT at the level of the COMPETING BUYERS AND SELLERS installed: the buyer and seller confirm receipt of a disclosure of the possibility of a multiple presentation by the broker representing this client.
A land purchase agreement also includes a section that describes the buyer`s investigation period. In this section, there should be a list of items that the buyer should review to ensure that the property meets their expectations. There is no standard period for contingencies or administrators.