Buyer Agreement at Buying

Buyer Agreement. A buying agreement is another name for a purchase agreement. Also, another goal of the agreement is.

Buyer's responsibility −− insurance and tags. The parties in the contract are the seller(s) and the buyer(s). This includes the specifics of the property, the purchase price, the downpayment, the payment terms and other terms and contingencies that the parties agree on.

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The individual signing this agreement on behalf of buyer hereby represents to seller that he or she has the power and authority to do so on behalf of buyer. The contract is one called a bilateral agreement between the parties. If the buyer or buyer'snominee breaches this agreement, all escrowed funds paid or deposited by the buyer shall be paid to the seller as liquidated damages. Agreement, buyer enters into a contract to acquire any real property of the type discussed in the purpose paragraph, unless buyer has entered into a subsequent buyer broker agreement with another real estate broker;