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Seller does not own the real property. Seller holds an equitable interest in the property pursuant to a valid and assignable contract to purchase the property. This transaction is not a sale of real property. Buyer is purchasing Seller's contractual rights and interests under a contract to purchase real property. Broker is not representing the owner of the real property and is not assisting in the sale of the real property. Broker represents Seller solely in the marketing and assignment of Seller's contractual rights. Seller and Broker do not warrant possession, access, or right of entry beyond that granted in Seller's underlying purchase contract.
Copyright © 2026 Lubbock Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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