Real Estate Settlement Deed
Real Estate Settlement Deed
I. Introduction
This Real Estate Settlement Deed ("Settlement") is entered into by and between [YOUR NAME] ("Seller") and [BUYER NAME] ("Buyer") as of [DATE]. This document outlines the agreement for the transfer of property located at [PROPERTY ADDRESS].
II. Parties Involved
[YOUR NAME]: The seller of the property.
[BUYER NAME]: The purchaser of the property.
III. Property Details
The property subject to this Settlement is described as follows:
Address: [PROPERTY ADDRESS]
Type: [PROPERTY TYPE] (e.g., residential, commercial)
Land size: [LAND SIZE] acres
IV. Settlement Amount and Terms
The parties have agreed to the following terms regarding the sale and transfer of the property:
Sale Price: [SALE PRICE]
Deposit: [DEPOSIT AMOUNT], paid on [DEPOSIT DATE]
Remaining Balance: [REMAINING BALANCE], to be paid on [BALANCE PAYMENT DATE]
Inclusions: [LIST OF INCLUDED ITEMS] (e.g., furniture, appliances)
V. Conditions and Warranties
The Seller warrants that the property is free of liens and encumbrances, except as explicitly stated herein:
Mortgage Details: [MORTGAGE DETAILS IF APPLICABLE]
Other Liabilities: [DETAILS OF OTHER LIABILITIES]
VI. Closing Date
The closing date of this real estate transaction will be on [CLOSING DATE]. All necessary documents and final payments must be completed and submitted by this date.
VII. Miscellaneous
Governing Law: This Settlement shall be governed by the laws of the State of [STATE].
Amendments: Any changes to this Settlement must be made in writing and signed by both parties.
VIII. Signatures
Both parties hereby agree to the terms stated within this Settlement:
[SELLER NAME]
[DATE]
[BUYER NAME]
[DATE]
