What Stipulations do You Include in Your Purchase Agreement?

[Brandon Sturgill]

Here are my standards...any additional advice?

Contract Stipulations:

-Outstanding property taxes shall be pro-rated between Buyer and Seller as of closing date.

-Property is being purchased in “AS-IS” condition. Seller is not responsible for any repairs.

-Seller shall maintain property in good working order until Buyer takes possession.

-All closing costs to be paid by Buyer.

-Contract to purchase property is contingent upon satisfactory property inspection and final business associate approval.

-A lock-box will be discretely affixed to the property to permit access upon proper notification to seller.