Mississippi Commercial Real Estate Purchase and Sale Agreement

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The Mississippi commercial real estate purchase and sale agreement is used by individuals and companies to submit an offer to buy a piece of real estate for their business. This type of real estate contract cannot be used for residential properties and is not subject to the same laws. Therefore, the property must be purchased for retail, office, storage, or production purposes. Included in the buyer’s offer are the price, proposed financing, earnest money deposits, and payment scheme. It is common for the seller to negotiate or add addendums to the agreement before accepting it. If the seller accepts the offer, both parties must sign the document to make their agreement legally binding.

 

Residential Property

Mississippi Residential Purchase Agreement – A written agreement between two parties to a residential real estate transaction, the buyer and the seller.

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