Residential Purchase Agreement

[Caleb Lea]

Hi, I’m new to real estate and am currently reading through a purchase agreement and highlighting everything that I don’t understand. I have a question on what exactly is tax parcel information.

It looks like this on the document

II.) Legal Description

The real property is a

-Single family home

-duplex

-triplex

- planned unit development

-etc.

Street address ________________

Tax Parcel Information(I.e., “Parcel ID” or “Tax Map & Lot”

What exactly is the tax parcel information and is it important as an investor to know about it?

Thank you.

Branson, Missouri