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Apartment Buyer Agreement
"I need an Apartment Buyer Agreement for a luxury condominium purchase in Miami, Florida, closing on March 15, 2025, with specific provisions for beach access rights and boat slip inclusion."
1. Parties: Identification of buyer and seller with complete legal names and addresses
2. Background: Context of the transaction and property details
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the apartment including address and legal description
5. Purchase Price: Agreement on price and payment terms
6. Closing Terms: Details about closing date, process, and requirements
7. Representations and Warranties: Statements of fact and guarantees made by both parties
8. Due Diligence: Buyer's right to inspect and investigate the property
9. Default and Remedies: Consequences of breach by either party
10. Notices: How formal communications between parties should be made
11. Governing Law: Jurisdiction and applicable laws governing the agreement
1. Financing Contingency: Terms related to buyer's ability to secure mortgage financing
2. HOA/Condo Association: Terms related to association membership, rules, and fees
3. Parking Rights: Details about parking spaces, rights, and restrictions
4. Storage Units: Terms related to storage units included in the sale
5. Fixtures and Appliances: List of items included or excluded from the sale
6. Environmental Matters: Disclosures and terms related to environmental conditions
1. Schedule A - Property Floor Plan: Detailed layout and dimensions of the apartment
2. Schedule B - Title Documents: Copies of relevant title documentation and search results
3. Schedule C - HOA/Condo Documents: Association rules, regulations, and financial statements
4. Schedule D - Property Inspection Report: Results and findings from property inspection
5. Schedule E - Disclosure Statements: Required state and federal disclosure forms
6. Schedule F - Included Fixtures and Items: Detailed list of fixtures and items included in the sale
Authors
Apartment
Appurtenances
Business Day
Buyer
Closing
Closing Date
Common Areas
Common Elements
Condominium Association
Deposit
Due Diligence Period
Effective Date
Encumbrances
Escrow Agent
Fixtures
HOA
HOA Documents
Improvements
Inspection Period
Limited Common Elements
Maintenance Charges
Mortgage
Parking Space
Party
Parties
Property
Purchase Price
Real Property
Seller
Storage Unit
Title Company
Title Insurance
Transfer Tax
Unit
Working Days
Purchase Price
Payment Terms
Deposit
Due Diligence
Property Inspection
Title and Survey
Representations and Warranties
Seller Disclosures
Financing Contingency
Closing Conditions
Closing Costs
Risk of Loss
Default and Remedies
Property Access
Assignment
Notices
Broker Commission
Property Condition
Environmental Matters
Association Matters
Insurance
Tax Prorations
Force Majeure
Governing Law
Dispute Resolution
Severability
Entire Agreement
Amendment
Survival
Time of Essence
Counterparts
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