Boston Real Estate FAQs / Selling /
What is a Purchase and Sale Agreement?
Votes: 0
Usually signed about 10 days after the Offer to Purchase, the Purchase & Sale Agreement (commonly referred to as P&S) is a form that expands the Offer to Purchase in detail. It covers in specific detail, such items as mortgage contingency
, condition of the property, deadlines for loan commitment
and closing
date, and details of any other arrangements that have been made between the parties.
Others in this Category
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