Legal Contracts Software Generator - Legal Contract Agreement Template for Forced Sale

# Forced Sale Agreement **This Forced Sale Agreement ("Agreement") is made and entered into this [Date], by and between:** **Seller:** [Seller's Name] [Seller's Address] [City, State, Zip Code] [Email Address] [Phone Number] **Buyer:** [Buyer's Name] [Buyer's Address] [City, State, Zip Code] [Email Address] [Phone Number] **Property Description:** The property subject to this Agreement is located at: [Property Address] [City, State, Zip Code] Legal Description: [Insert Legal Description Here] ## Terms and Conditions 1. **Sale and Purchase** Seller agrees to sell and Buyer agrees to purchase the Property in accordance with the terms and conditions set forth in this Agreement. 2. **Purchase Price** The total purchase price for the Property shall be $[Purchase Price] (the "Purchase Price"). The Purchase Price shall be payable as follows: - Earnest Money Deposit: $[Deposit Amount] due upon execution of this Agreement. - Remaining Balance: $[Remaining Balance] to be paid in full at closing. 3. **Closing Date** The closing of the sale contemplated by this Agreement shall take place on [Closing Date] at [Closing Location]. The Seller and Buyer shall mutually agree on a time for closing. 4. **Title and Possession** Upon payment of the Purchase Price, Seller agrees to convey good and marketable title to the Property to Buyer, free of any liens and encumbrances, except for those disclosed in this Agreement. Possession of the Property shall be delivered to Buyer at closing. 5. **Representations and Warranties** Seller represents and warrants that: - Seller has full authority to sell the Property. - The Property is being sold "as-is," and Seller makes no representations regarding the condition of the Property. 6. **Contingencies** This Agreement is contingent upon: - [List any contingencies, e.g., financing, inspections, etc.] 7. **Default** In the event either party defaults in the performance of their obligations under this Agreement, the non-defaulting party shall have the right to pursue all legal and equitable remedies available, including specific performance or damages. 8. **Governing Law** This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. 9. **Entire Agreement** This Agreement constitutes the entire agreement between the parties regarding the subject matter herein and supersedes all prior negotiations, representations, and agreements, whether written or oral. 10. **Amendments** No amendment or modification of this Agreement shall be effective unless in writing and signed by both parties. 11. **Severability** If any provision of this Agreement is found to be invalid or unenforceable, the remaining provisions shall continue in full force and effect. **IN WITNESS WHEREOF**, the parties have executed this Forced Sale Agreement as of the date first above written. _____________________________ **[Seller's Name]** **Seller Signature:** _____________________________ **Date:** _______________________________ _____________________________ **[Buyer's Name]** **Buyer Signature:** _____________________________ **Date:** _______________________________ --- **Note:** It is advisable for both parties to consult with a legal professional before entering into this agreement to ensure their rights and interests are adequately protected.