This section is from the book "American Law Of Real Estate Agency", by William Slee Walker. Also available from Amazon: American law of real estate agency.
This agreement, made in duplicate, this......day of......,
19...., between......, seller, and......, purchaser, witnesseth:
The said seller hereby agrees to sell and convey, and the said purchaser hereby buys and agrees to pay for, the following property (give full description), being the property described in a certain ...... dated ......, 19........., and recorded among the land records of ......, in book number ......, page .......
(The said property is in fee simple.) (The said property is a leasehold, subject to a ground rent of $......per year, redeemable after......years from the date of lease at ,.....) (The said property is a ground rent, which is redeemable after......
years from the date of the lease at......) [Strike out all except kind of property intended.]
The purchase price is ...... dollars ($......), payable in cash on the ...... day of......,19..... Of the above sum there has been paid on account the sum of ...... dollars .
($......), which last mentioned sum is to be repaid to the purchaser, in the event that the title is not satisfactory; time is of the essence of this agreement. Possession to be given on the
...... day of ......, 19..... The property is subject to the following incumbrances: Rentals, taxes, water-rent, ground-rent, and other charges are to be adjusted to the date of transfer. The title is to be free of all incumbrances, and satisfactory to the examiner thereof.
Witness our hands and seals on the day and year first aforesaid.
....................(Seal)
....................(Seal)
(If the property is in fee, the wife also should sign.)
 
Continue to: