What is an agreement to sell?

An Agreement to Sell is a legally binding contract that is created when a seller agrees to sell a piece of property to a buyer. In Washington, an Agreement to Sell must take a specific form in order to be enforced by law. Both parties must sign the document, and it must be signed in the presence of a notary public. The Agreement to Sell will specify details such as the exact property being sold, the purchase price, the terms of the sale, and any contingencies related to the agreement. It may also include information about any liens or encumbrances on the property. The Agreement to Sell is an important piece of documentation for a real estate transaction, because it creates a record of the details of the sale and the parties involved. It also serves to protect both the buyer and the seller from potential disputes. In Washington, an Agreement to Sell is valid and enforceable when written and signed by both parties.

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