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Minnesota | Is there a signed purchase agreement and some earnest money? If not, they need to get a purchase agreement signed ASAP. The purchase agreement would specify the closing date, time, and location. Usually the purchase agreement would say something like "closing on or before December 2025 at Acme Title Company." The PA would also specify things like there are no contingencies on buyer's financing, etc.
They are going to need to talk to their attorney (or find one ASAP) if they have an open ended purchase offer. | |
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Closing on a farm timeline
