Purchase and Sale Contract (Commercial Property) (Seller-friendly Long Form) (California)

This legal template is a comprehensive Purchase and Sale Contract specifically designed for commercial property transactions within the state of California. This particular document is tailored to favor the interests of the seller and is based on a long-form format, meaning it includes extensive details and provisions to protect the seller's rights and ensure a smooth transaction process. It covers numerous important aspects pertaining to the sale, including property description, purchase price, payment terms, representations and warranties, inspection contingencies, title matters, closing conditions, and default remedies. This template aims to provide a comprehensive and reliable legal framework for sellers to formalize their commercial property transactions in California, emphasizing their rights, protections, and specific considerations within this context.