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...Chapter the purchase and sale agreement need for a operative document transferring real estate is deed not contract deeds are usually short generally just few pages simple with language mandated by state law or established local custom any property owner can convey in time it takes to sign before notary public but most purchasers of commercial investors particular impulse buyers these confirm that seller really owns locate financing on favorable terms investigate physical condition verify tenants have signed leases at certain rental rates perform an array other investigations do wish spend money tasks only sell someone else they ensure period all this due diligence work certainty theirs if as desirable claims similarly does want commit buyer back out months later because gets cold feet finds better deal elsewhere each party wants be committed pro ceed long things turn consistent their respective expec tations parties typically accomplish result through use ste ch indd am executory whic...