• Full purchase price. Applies to the total amount of the offer accepted without deducting the acomptt and the serious money paid. • Property taxes. If the purchase of a property does not comply with the tax plan, taxes are distributed pro rata between the buyer and the seller. Location of Brunnen (§ 103I.235) – The seller must inform the buyer of the location of all wells within the boundaries of the land and give a brief description of their current status. 7. Describe all eventualities. These are events or conditions that must occur before the purchase is completed. This may be: Lead-based color opening – If the residence was built before 1978, the seller must provide the buyer with written information describing their knowledge of the use of lead-based paint in the land (if applicable).
After you and the buyer agree on a price, you want to create a worksheet for a sales contract.