The differences between a sale agreement and an instrument of sale are as follows: the offer to purchase and the obligation to sell are two ways to conclude the first contract for a real estate transaction. All of them have a duration at the end of which the contract has become obsolete if one of the two parties has not signed the document or, on the contrary, concludes a public sale contract. The amount of costs allocated to intermediaries should be included in this document. These contracts are “private”, i.e. written agreements signed by the parties. It is often called a “private contract” to refer to a sales contract. These agreements mark the beginning of the legal sales process. Their differences lie in the obligations of the parties and in the conditions of breach of the defined commitments. The deed of purchase transfers the transfer of ownership from the buyer to the seller.
In this case, the seller/buyer agrees to sell/buy the property at a later date, if all the conditions of the “sales agreement” are met. The seller ensures that there are no fees or liabilities in the field. Charges are in the form of third party claims, bank charges in case of delay, taxes, payment of the contractor, no claims on the property. Examples of generally accepted charges are rights of way, easements, permits, surface leases, exploitation rights and other similar rights in leases. Existing loads, such as railways, power lines and highways, are generally allowed as long as they do not significantly affect the value, ownership or use of an asset. It is customary for operators to insure mortgages on their assets to finance advanced explorations, cover drilling costs and ensure the future development of their assets. These securities fall under the category of normal conduct of operations and are generally considered eligible expenses. Tax instructions, mechanical instructions, seller`s instructions and material instructions for men are also usual authorized charges as long as payments or sums are not yet due. Charges such as enterprise agreements and pooling declarations are considered eligible as long as they do not significantly affect or reduce the value of the asset or limit its portability.
In some cases, enterprise agreements that complained of a bond of less than a certain dollar amount are considered an eligible expense. A deed of purchase is a form of deed of transfer that transfers ownership from the seller to the buyer when it pays the agreed purchase price to the seller. 10. The signature of two witnesses, the buyer, the seller and the “contract of sale” are notorized and certified. In Hong Kong, for example, the seller of a property is legally obliged to inform the real estate agent of any charges on the property, in order to avoid subsequent problems in the sale process. The real estate agent makes available to the buyer a land search document containing a list of all charges. 9. The seller may not sell to third parties after the conclusion of the sales contract.
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