In simple terms:
This document is about buying and selling a property (like a house or land). The person selling the property is called the "Seller," and the person buying it is called the "Buyer."
The Seller promises to sell the property to the Buyer, and the Buyer promises to buy it for an agreed-upon price called the "Purchase Price." The property includes everything on the land, like the house, garden, and any fixtures (things attached to the property).
The Seller agrees to keep everything in working condition until the sale is completed. The Buyer can ask questions about things like the neighborhood, parking areas, and any leases or rental agreements before they decide to buy.
Any personal belongings of the Seller won’t be part of the sale, except for the ones mentioned in the document or attachments.
Regenerate
PROPERTY: Hereby acknowledging sufficient good Contract consideration (e.g. mutual promises herein), Seller will sell and convey and Buyer will buy for the Purchase Price any and all lot or parcel of land, appurtenant interests, improvements, landscape, systems, and fixtures if any thereon and further described below ("Property"). Seller agrees to maintain in operable condition the Property and any personal property conveying in same operable condition, including any landscaping, grounds and any agreed upon repairs or replacements, from the Effective Date through Closing subject to normal operable wear and tear. Buyer acknowledges opportunity to inquire about owners association issues, common area issues, condominium master deed issues, assigned parking/storage areas, memberships, lease issues and financed equipment prior to signing Contract. Leasing issues and items and financed equipment see Adjustments (e.g. tenants, leases, future vacation renters, SC vacation rental act reservations, rents, deposits, documents, solar panels, fuel tanks with fuel, alarm systems, satellite equipment, roll carts). Address Unit # City State of South Carolina Zip County of Lot Block Section/Phase Subdivision Other Tax Map Parties agree that no personal property will transfer as part of this sale, except described below and/or in attachment(s):
Posted by: Byron King on 08/01/23 (This information is only accurate as of 08/01/23. You must contact SCR for updates and changes to this information after 08/01/23 as laws and regulations may change over time. SCR 803-772-5206 or email info at screaltors.org or email byron at screaltors.org)
This information is not legal advice. This information is intended only to provide general information and may not be relied upon as specific legal guidance. Legal counsel should always be consulted before acting in reliance on this information.