Raw land purchase agreements feature a few basic provisions, including purchase price, due diligence period, final closing conditions, and default and remedy. These provisions are specifically created to safeguard the interests of both the seller and the buyer. They are an important part of the purchase agreement. Purchase Price Provision A raw land purchase agreement has an important provision that deals with the purchase price and payment arrangements available to the potential buyer. … [Read more...]
Your Guide to Raw Land Purchase Agreements in Illinois
Raw land purchase agreements feature a few basic provisions, including purchase price, due diligence period, final closing conditions, and default… READ MORE
