Podcasts Business NOTHING BUT NET NNN008 Nothing But Net PURCHASE AND SALE AGREEMENT

NNN008 Nothing But Net PURCHASE AND SALE AGREEMENT

Published: Nov. 30, 2020, 2:11 a.m.

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In this episode, co-hosts Adam Carswell and Michael Flight delve into what a Purchase and Sale Agreement (PSA) is from the business person\\u2019s standpoint.

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They discuss the important factors that PSAs for Triple Net (NNN) properties should have in writing, including a detailed property description, what is specifically being sold, the lease type, the purchase price, the due diligence period, and much more.

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Michael and Adam also explain what kind of mindset buyers should have when negotiating the PSA with sellers.

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They wrap up this episode with Michael sharing some key tips in evaluating the PSA, emphasizing the importance of checking that everything buyers want is specially written in the PSA and  always paying close attention to time limits and dates listed to ensure a smooth close of the NNN deal.
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For more information on:

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Liberty Real Estate Fund LLC (https://libertyfund.io/)

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Concordia Realty Corporation (concordiarealty.com/)

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Chicago Blockchain Real Estate Collective (http://www.concordiarealty.com/chicago-blockchain-real-estate-collective-meetup/)

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