| Well, as far as the contracts are concerned, they are | | | | which is used out here and it is the bill of sale or the |
| signed by the two parties. Some of the contracts are | | | | invoice. Either bill of sale is issued or the invoice is |
| so important that they require privacy. Some of them | | | | issued depending on the fact that how the tenant is |
| are very costly. One such contract is the real estate | | | | paying the money. |
| sale contract. When the property owner decides to | | | | Well the payment is quite important but the conditions |
| sell a property then they get this form signed. Well, this | | | | are also important. Before signing the real estate sale |
| is an example of legal form and you can easily | | | | contract you have to sit with the buyer and decide |
| understand that how important this form is? The cost | | | | that what will be the terms and conditions? For |
| of this contract can be in millions or even in billions. Let | | | | example, you might say that there are five tenants in |
| us see what it contains? | | | | the property and you want the buyer to take the |
| The real estate contract is signed between the two | | | | initiatives and remove the tenants from the property. If |
| parties. They are the buyers and the sellers. The seller | | | | the buyer will do that then you will take less money. |
| sells the property and the buyers buy it. The selling | | | | There can be many conditions and all of them can be |
| price is fixed and the payment is done by the buyer. | | | | quite tense as well. But when you will get the real |
| The money is of buyer or sometimes he lends the | | | | estate contract signed then this will mean that the |
| money from the lender. All these facts are definitely | | | | tension is over. It will prove that the deal is finalized and |
| mentioned in the real estate sale contract. | | | | the buyers and sellers have agreed to all the terms |
| You might feel that these are just few pages but you | | | | and conditions. Well, both the buyers and the sellers |
| should know that these are just not few pages. In fact | | | | should keep one thing in their mind that once they will |
| they are the proof that the deal has been signed | | | | sign this contract then they cannot look back at all |
| between the two parties and the money has been | | | | since it is a legal form and a copy of it will be |
| paid. Well you should not forget one more legal form | | | | submitted in court. |