What is an agreement to sell?

An Agreement to Sell is a legal document which outlines the details of the sale of a property from a seller to a buyer. In Kansas, the Agreement to Sell should include: the names and addresses of the parties involved in the sale, a description of the property being sold, and the agreed-upon terms of the sale. These terms may include the agreed-upon sales price, the closing date, the amount of earnest money and any other pertinent conditions. The agreement should also be signed and dated by both the buyer and seller. This Agreement to Sell serves as a binding contract between the seller and buyer and creates a legal obligation to complete the transaction. It is important for both the buyer and seller to understand all the terms of the agreement and to seek assistance from legal counsel if there are any questions or disputes.

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