Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 11 years ago,

User Stats

35
Posts
9
Votes
Felix Wisniewski
  • Parlin, NJ
9
Votes |
35
Posts

P&S AGREEMENTS CLAUSES NEEDED

Felix Wisniewski
  • Parlin, NJ
Posted

Whaddup Bigger Pockets!

Still a newbie investor and looking to see what clauses I need. I have the basic purchase and sale agreements. Actually a few different ones trying to decide which one is better without having to throw down the 600-1000 whatever a attorney would charge to review since I dont have that money. I live in New Jersey FYI! If you have a recommendation on what contracts to you Id really appreciate it or if you have clauses I could use Id appreciate to make sure Im safe incase I cant find a buyer, show the buyer the property and all that jazz. Here are some of the clauses I was thinking of adding to it. Let me know what you guys think.

1. Property is sold as-is. This is a net to seller contract. Buyer pays all closing costs

2. Seller must pay for any unknown liens and taxes. Seller must pass free and clear title

3. If not this deal is null and void. Buyer has the right to assign property. Buyer will have 30 business days to close this property upon sellers acceptance.

Any response would be nice.

Loading replies...