A Maine Real Estate Purchase Agreement is a typed or handwritten document signed by the seller and the buyer of the real property. Whether you plan to use it for personal purposes or are going to lease it to businesses to make revenue, you need a bulletproof contract that will confirm the parties' intention to participate in the transfer of the real property, verify their identities, state the price of the house, apartment, office space, or land in question, indicate the date and method of payment, and list the contingencies that may bring the termination of the contract. Maine residents, individuals, and organizations alike, can use this agreement to outline their mutual rights and responsibilities regarding the real estate that is being transferred.
There can be additional requirements depending on the type of the transaction:
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