I believe you will find that a contract for ‘purchase and sale’ will have buyer friendly clauses and one for ‘sale and purchase’ will have seller friendly clauses … but be sure to read and understand ANY contract, no matter what it is called.
Our Standard Contracts in FL are seller friendly, and if one must use them, are best handled via a well written addendum if you are the buyer.
My 02.
Carol
Posted by Marlon (OH) on January 22, 1999 at 24:34:40:
What is the difference between a contract for sale and purchase and a contract for purchase and sale? And is a standard purchase contract another name for a contract for purchase and sale?
A title across the top of a document means absolutely nothing. I word my contract addendums “Standard Contract Addendum” and my leases “Standard Rental Agreement”. What the heck does that mean? To me it means absolutely nothing, but to others they think this is the thing everyone uses.
All that really matters is what the terms and conditions of the documents actually say.