Real Estate Purchase Agreement
Property
Our real estate purchase agreement contains everything you need to complete a strong contract for the purchase and sale of a piece of property.
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About This Form
A Real Estate Purchase Agreement is a legally binding contract between a buyer and a seller that outlines the terms and conditions for the sale of real estate. This document includes essential details such as the purchase price, property description, closing date, and any contingencies that must be met before the sale can be finalized. It serves to protect both parties by clearly defining their rights and responsibilities throughout the transaction process.
When to Use This Form
- When buying or selling residential or commercial property
- To formalize the terms of a real estate transaction
- When both parties agree on the sale and need a legal document
- To ensure all aspects of the sale are clearly defined and agreed upon
- When you need a comprehensive contract to protect your interests in a property sale
Key Features
- Defines the purchase price and payment terms
- Includes a detailed description of the property
- Specifies the closing date and any contingencies
- Outlines the responsibilities of both buyer and seller
- May include clauses for inspections, financing, and other conditions
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