Q: Does it matter that a sell for a residential property was written on a commercial contract?
The property is zoned residential but has a commercial building and 2 houses. The business was grandfathered in for limited use. But the entire lot is zoned residential.
A: As long as the contract identifies the property, the price, and the parties to the transaction, using the form for a commercial sale instead of a residential sale will not void the transaction. It may cause some confusion about some of the other details, however. If that occurs, you may want to consult an attorney to "clean up" some of the areas of confusion.
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