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What is Asset Purchase Sale Contract Template about?

This document is a sales contract for a real estate property located in Cartagena del Chaira, Caquetá. The seller transfers the ownership and possession of the lot to the buyer for a price of $3,000,000 pesos, of which $1,000,000 will be paid upon signing the contract and the remaining $2,000,000 in December of the same year. The seller declares that the property is free of encumbrances and that they are delivering the actual and material possession of the property.

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