Montana Purchase Agreement Templates

A Montana purchase agreement is a legal document that outlines the sale of goods or property between a buyer and a seller.

The only type of purchase agreement required by law in the state of Montana is the real estate purchase agreement (70-20-101).

Here is a sample of the buy-sell agreement required by Montana realtors handling property sales and purchases. This document is only legal when used by a licensed Montana realtor but provides an excellent example of what a purchase agreement might include.

Montana Real Estate Purchase Agreement

A Montana real estate purchase agreement is a document a buyer uses to present an offer to a seller for a piece of real estate. A real estate purchase agreement should include all of the terms of the offer, such as:

• Buyer and seller information
• A legal description of the property
• The amount of the offer
• How the buyer will finance the purchase
• Earnest money deposit amounts
• The date on which the offer will expire if not accepted

Until the offer expires, the property seller can refuse the bid or negotiate the offer.

Montana Business Purchase Agreement

A Montana business purchase agreement is a legal contract that transfers the ownership of a business entity from a seller to a buyer.

Since the legal issues involved in a business sale are sometimes complex, most business purchase agreements should be executed by a lawyer.

Montana Asset Purchase Agreement

A Montana asset purchase agreement is similar to a business purchase agreement in that it formalizes the purchase of a business or significant business asset.

Like with business purchase agreements, most should be executed by a lawyer.

Montana Land Purchase Agreement

A Montana land purchase agreement is a document that outlines the sale terms and conditions of vacant land between a buyer and a seller. A land purchase agreement must be filed with the proper county clerk’s office once signed.

The land purchase agreement should include all details about the purchase and sale of the land, such as:

• Buyer and seller information
• The purchase price
• A legal description of the property from the property deed

Montana Stock Purchase Agreement

A Montana stock purchase agreement is a contract for the sale of corporate stock. The seller can be an individual shareholder or a corporation. A stock purchase agreement should include all pertinent sales details, such as:

• The number of stock shares being purchased
• The purchase amount
• The value of each share of stock
• Stock delivery and closing details
• Earnest money amount

A lawyer should typically execute a stock purchase agreement.

FAQs

Here are some common questions regarding Montana purchase agreements:

A purchase contract, or purchase agreement, should include all details about the sale, including price, date, buyer and seller information, and a description of the sold item.

A Montana buy-sell agreement is a purchase agreement used exclusively for selling property.

A Montana purchase agreement is the same thing as a purchase contract.

The elements of a purchase agreement may include:

• Details of the buyer and seller
• A description of the item being sold
• The amount of the sale price
• How the buyer will finance the purchase
• The date of the purchase offer