KY KREC Offer To Purchase Commercial Real Estate 2012-2025 free printable template

This document has been approved by the Kentucky Real Estate Commission October 2012 OFFER TO PURCHASE COMMERCIAL REAL ESTATE This is a legally binding offer which upon acceptance will become a binding contract. If not understood seek competent legal advice. AGENT Date/Time address of the following described property in County Kentucky comprised of /- acres as further depicted or described on Exhibit A attached hereto with all improvements permanently installed and affixed thereto the...

How to fill out kentucky purchase contract blank form

How to fill out KY KREC Offer To Purchase Commercial Real Estate

1. Begin by obtaining the KY KREC Offer to Purchase Commercial Real Estate form from the Kentucky Real Estate Commission's website or your real estate agent.
2. Fill in the date at the top of the form.
3. Enter the names of the buyers in the designated section.
4. Provide the seller's information, including name and contact details.
5. Clearly describe the property being purchased, including the address and legal description.
6. State the purchase price you are offering for the property.
7. Specify any earnest money deposit and how it will be held.
8. Outline the closing date and any contingencies (such as financing or inspections) that apply to the offer.
9. Include additional terms or conditions that are relevant to the offer.
10. Review the completed form for accuracy, then sign and date it.
11. Submit the offer to the seller or their representative.

Who needs KY KREC Offer To Purchase Commercial Real Estate?

1. Potential buyers looking to purchase commercial real estate in Kentucky.
2. Real estate agents assisting clients in making offers on commercial properties.
3. Investors interested in acquiring commercial real estate assets.

Video instructions and help with filling out and completing kentucky purchase contract printable

Instructions and Help about purchase agreement kentucky printable

I brought everybody Michael Walter from taking action today calm and in this video I want to show you how to fill out your purchase agreement for your properties that you've negotiated you're ready to buy and then you most likely are going to go ahead and wholesale these deals, so I'm going to walk you through the process of filling out the paperwork and then get it to the title company so here's your standard purchase and sales agreement made by in between we'll say Jo seller whose address is this is the home you're buying that's going to be one two three Megan Street Cleveland agrees to sell save Mike invest dork here and after called the buyer whose address is throw your address in there the real property described as the following put the physical address that's the 1-2-3 Main Street not for your purchase price let's say we negotiate this deal to $10,000 so right in 10,000 and spell it out as well earnest money buyer agrees to pay on our contract we put it 10 dollars as refundable earnest money to be applied towards a purchase price upon closing of the property earnest money to be held by the buyer or title company or closing agent, so that makes it pretty easy on our end down here we got property included in the purchase price you could put anything you negotiate in here with the seller I mean if they want to throw in a lot more you put that in here you know we have all the fixtures the fans appliances if we negotiate that anything the tool you agree to that's where you'll put that in their over here we have a few items we cover you know consult an attorney with any questions on the contract inspection properties being sold as is taxes this could go to whatever you negotiate check out public records see if there are taxes owed on it a lot of times you'll end up assuming them if you negotiate it a good enough deal just because the seller is distressed they want out so a lot of times you'll assume the text is closing on our contract we played that a buyer pays the closing cost same thing we negotiate a perfect deal on the front end, so we cover the cost to get it done go ahead and date the contract here's where Joe seller signs and then the buyer is Mike investor there now we have a solid contract here next we want to fill out our assignment a contract our contracts filled out we are searching for cash buyer to sell this contract they're going to bring all the money to the table including our assignment fee and cash us out so start out for valuable consideration the receipt and sufficiency of which is hereby acknowledged Mike investor hereby transfer and assign to will say cash investment group writes an interest that contract between Jo seller here you put the property description that's the one two three main street for the consideration of the sum of let's say we agreed to sell our contract for $2,500, so you put twenty-five hundred write it out as well 2,500 the assignment fee will be added to the overall purchase price of the property...

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What is KY KREC Offer To Purchase Commercial Real Estate?

The KY KREC Offer To Purchase Commercial Real Estate is a legal document used by buyers to make an offer on commercial real estate properties in Kentucky. It outlines the terms and conditions under which the buyer is willing to purchase the property.

Who is required to file KY KREC Offer To Purchase Commercial Real Estate?

Any individual or entity looking to purchase commercial real estate in Kentucky is required to file the KY KREC Offer To Purchase Commercial Real Estate.

How to fill out KY KREC Offer To Purchase Commercial Real Estate?

To fill out the KY KREC Offer To Purchase Commercial Real Estate, the buyer must provide relevant information such as the purchase price, property description, buyer and seller details, and any contingencies or special conditions pertaining to the sale.

What is the purpose of KY KREC Offer To Purchase Commercial Real Estate?

The purpose of the KY KREC Offer To Purchase Commercial Real Estate is to formally present an offer to the seller for the purchase of a commercial property, ensuring that both parties understand the terms and conditions of the sale.

What information must be reported on KY KREC Offer To Purchase Commercial Real Estate?

The information that must be reported on the KY KREC Offer To Purchase Commercial Real Estate includes the purchase price, legal description of the property, buyer's and seller's names and addresses, financing details, closing date, and any contingencies related to the sale.