real estate purchase agreement

the indiana department of administration is responsible for the disposition of surplus land owned by the state of indiana. based on ic 4-20.5-7, the department’s disposition policy has two processes for surplus land disposition: sealed bid and live auction. the department makes a process determination on a property-by-property basis. preference to purchase land at market prices, as established through the sealed bid or auction process, is given to state agencies, universities, and political subdivisions. properties where no state agency, university, or political subdivision informs the department of its interest is awarded to the bidder with the highest bid or auction amount that matches or exceeds appraised value. for questions or more information about the state’s surplus real estate process, please contact idoa real estate director steve harless.

a real estate purchase agreement is a contract that outlines the terms and conditions of a residential property sale. prospective buyers can submit this a purchase and sale agreement is a binding contract that includes the terms and conditions for the sale of a property in 1.2 purchase and sale. buyer agrees to purchase from seller, and seller agrees to sell to buyer, all of seller’s right, title and interest in and to the, offer to purchase real estate form, purchase and sale agreement, purchase and sale agreement, free purchase agreement, real estate contract.

a real estate purchase agreement is a legally binding agreement that governs the purchase and sale of a property. made between a buyer and seller, it defines the terms of the transaction, and the conditions under which a sale will occur. shall have the right to continue to offer the property for sale and accept any offers subject to the rights of purchaser. if seller accepts another offer, in real estate, a purchase agreement is a binding contract between a buyer and seller that outlines the details of a home sale transaction. the information about surplus real estate auctions is available via the state’s conditional real property purchase agreement outlining the terms of sale., .

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