Attorney-Approved Real Estate Purchase Agreement Template Get Your Real Estate Purchase Agreement Now

Attorney-Approved Real Estate Purchase Agreement Template

A Real Estate Purchase Agreement is a legal document that outlines the terms and conditions under which a buyer agrees to purchase property from a seller. This form serves as a crucial framework for the transaction, detailing essential aspects such as the purchase price, closing date, and any contingencies that must be met. Understanding this agreement is vital for both parties to ensure a smooth transfer of ownership and to protect their respective interests.

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Common Templates:

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State-specific Real Estate Purchase Agreement Templates

Real Estate Purchase Agreement Form Subtypes

➤ PDF File

Example - Real Estate Purchase Agreement Form

Real Estate Purchase Agreement

This Real Estate Purchase Agreement ("Agreement") is made and entered into on this _____ day of __________, 20___, by and between:

Seller: _________________________________________

Address: ________________________________________

City, State, Zip: _______________________________

Buyer: _________________________________________

Address: ________________________________________

City, State, Zip: _______________________________

This Agreement is governed by the laws of the State of ______________________.

1. Property Description

The property that is the subject of this Agreement is located at:

___________________________________________________________

___________________________________________________________

2. Purchase Price

The total purchase price for the Property shall be $_____________.

3. Earnest Money Deposit

Upon signing this Agreement, Buyer shall deposit $_____________ as earnest money with:

___________________________________________________________

4. Closing Date

The closing shall take place on or before the _____ day of __________, 20___.

5. Contingencies

  • Financing contingency
  • Inspection contingency
  • Appraisal contingency

6. Title and Possession

The Seller agrees to convey marketable title to the Property to the Buyer at closing. Possession shall be delivered on the closing date.

7. Seller's Disclosures

The Seller agrees to provide all required disclosures about the property, in accordance with applicable state laws.

8. Governing Law

This Agreement shall be governed, construed, and enforced in accordance with the laws of the State of ______________________.

IN WITNESS WHEREOF, the parties hereunto have set their hands on the date first above written.

Seller Signature: ________________________________

Date: _____________

Buyer Signature: ________________________________

Date: _____________

Documents used along the form

When engaging in a real estate transaction, several important documents accompany the Real Estate Purchase Agreement. Each document serves a specific purpose and helps ensure a smooth process. Below is a list of commonly used forms and documents.

  • Seller's Disclosure Statement: This document outlines any known issues with the property, such as structural problems or environmental hazards. It helps buyers make informed decisions.
  • Property Title Report: This report provides details about the ownership of the property and any liens or encumbrances. It confirms that the seller has the right to sell the property.
  • Home Inspection Report: After an inspection, this report highlights the condition of the home. It can reveal necessary repairs or maintenance issues that may affect the sale.
  • Appraisal Report: An appraisal assesses the property's value. Lenders often require this document to ensure the loan amount is appropriate for the property's worth.
  • Florida Sales Tax Form: For businesses in Florida, submitting the Florida PDF Forms is crucial for reporting taxable sales and calculating owed taxes, ensuring compliance with state regulations.
  • Loan Estimate: This document outlines the costs associated with obtaining a mortgage. It helps buyers understand their financial obligations before closing.
  • Closing Disclosure: Provided before closing, this document details the final terms of the loan and the closing costs. It ensures all parties are aware of the financial aspects of the transaction.
  • Title Insurance Policy: This insurance protects the buyer and lender from future claims against the property's title. It provides peace of mind regarding ownership rights.
  • Bill of Sale: This document transfers ownership of personal property included in the sale, such as appliances or furniture. It clarifies what is included in the transaction.
  • Lead-Based Paint Disclosure: Required for homes built before 1978, this document informs buyers about the potential presence of lead paint, ensuring they are aware of health risks.

Each of these documents plays a crucial role in the real estate transaction process. They help protect the interests of both buyers and sellers, ensuring a clear understanding of the terms and conditions involved in the sale.