Agreement to Sell Land

This Agreement to Sell Land is used when a seller agrees to sell land to a buyer. This

document includes general information and instructions on how to use the Agreement to

Sell Land template. The agreement contains the material terms and conditions of the

sale including a legal description of the land, the purchase price, and seller's covenants

and warranties. It contains numerous standard provisions that are commonly included

in these types of agreements, and may be tailored to address the specific needs of the

contracting parties. This document should be used by buyers and sellers of land.

AGREEMENT TO SELL LAND

This Agreement to Sell Land (the “Agreement”) is hereby entered into on this

____________ day of ________, ___________ (the “Effective Date”) by and between

_____________ (“Buyer”) and __________________ (“Seller”).





The Parties hereto, intending to be legally bound, hereby agree as follows:



1. Property Details



Seller hereby agrees to sell the parcel of land located at ______________________ and

more particularly described in Schedule “A” attached hereto (the “Property”) to Buyer and Buyer

agrees purchase same from Seller.



2. Purchase Price, Financing, and Earnest Money



2.1 Purchase Price



Buyer shall pay to Seller the purchase price of ____________________________ dollars

($__) in the following manner:



a. The Earnest Money amount of _______ ($__) shall be paid at the time of the

Effective Date set forth herein and above.



b. The balance of the Purchase Price shall be paid (subject to pro-ratings and closing

adjustments) by cash at the time of Buyer’s acceptance of title, subject to the following

Continuing Mortgages: ___________________ [Any other if applicable]



2.2 Earnest Money



The Earnest Money shall will be paid in the manner described above, and shall be held by

______________ (“Holder”) for the benefit of Buyer and Seller.



a. Holder will hold any cash as specified until Closing or the earlier termination of

this Agreement and will pay over or apply the cash and deliver it and any other deposits made in

accordance with the terms of this Agreement.



b. Use of Deposited Funds



i. If Closing occurs as scheduled, any cash that is so held by Holder shall be

paid by Holder to Seller, and any earnings thereon shall be paid to Buyer. A deposit made in a

form other than cash will be treated as cash unless otherwise specified.



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ii. If Closing does not occur as scheduled:



(a). Upon receipt of a notice from a Party demanding delivery of the

Earnest Money, Holder shall notify the other Party of such a notice. If Holder does not receive a

written objection to the delivery demand from the other Party within ___ (__) business days after

the date upon which Holder gave such notice, Holder is authorized to deliver the deposit to the

demanding Party. If Holder receives an objection within the notice period or if for any other

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