To enhance your buying and Renting experience, it’s our job as real estate professionals to provide you with as much valuable information as possible. Attached you will find a form for offers to purchase and a form for prospective tenants to complete and fax back to the office. PUT IN YOUR EMAIL ADDRESS AND THE FORM WILL BE SENT RIGHT TO YOUR COMPUTER.
When you decide to buy a property, your Agent will ask that you complete what is known as an Offer to Purchase Form. This inprinciple offer to purchase shall not constitute a contract for the purpose of Section 3 of the Conveyance Act 1986 . The Purchaser and Vendor will only become contractually bound in law when the Vendor and the Purchaser enter into a formal sales and purchase agreement which is signed by both parties and a deposit is taken, until such time this offer is not legally binding and all negotiations shall be SUBJECT TO CONTRACT
It’s important to note that while any verbal communication about offers, counter-offers and acceptance of offers can be useful to the parties, a contract dealing with land is not enforceable against the parties unless it has been made in writing and properly signed by all parties to the contract. If you do not have a written contract, agreed to by all the parties, then you do not have an enforceable real estate contract.
It contains the date of your offer, the description of the property you are making the offer on, the amount of your deposit, the amount you are offering (based on data provided by your Agent, the amount you intend as your down payment and financing details, as well as your name and address and the name and address of the property you want to buy, subject-to clauses and any special requirements you want to impose on sellers (for example, subject to being able to obtain planing permission to add on to exsisting structure).
Your Agent can advise you every step of the way when you make an Offer to Purchase.
Once your offer has been prepared and you have signed it, it will be presented to the seller without delay through the seller’s Agent (unless otherwise instructed by the seller).