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Preview - Ohio Real Estate Purchase Agreement Form
Ohio Real Estate Purchase Agreement
This Real Estate Purchase Agreement (“Agreement”) is made on this ___ day of __________, 20__, by and between the following parties:
Seller: _________________________________________
Address: ______________________________________
City, State, Zip: _______________________________
Buyer: _________________________________________
Address: ______________________________________
City, State, Zip: _______________________________
This Agreement is subject to the laws of the State of Ohio.
Property Location: _____________________________________________
Legal Description: _____________________________________________
The parties hereby agree to the following terms concerning the purchase and sale of the Property:
- Purchase Price: The total purchase price for the Property shall be $________________.
- Earnest Money: Buyer agrees to deposit an earnest money amount of $________________ within ___ days of signing this Agreement.
- Closing Date: The closing shall take place on or before the ___ day of __________, 20__.
- Contingencies: This Agreement is contingent upon the following:
- Inspection and approval of the Property.
- Financing approval for the Buyer.
- Sale of Buyer's current property (if applicable).
- Possession: Possession of the Property shall be delivered to the Buyer on the closing date, unless otherwise agreed upon.
- Disclosure: The Seller shall provide the Buyer with all necessary disclosures as required by Ohio law.
- Default: In the event of default by either party, the non-defaulting party may pursue any legal remedies available under Ohio law.
IN WITNESS WHEREOF, the parties have executed this Agreement on the date written below.
Seller’s Signature: ________________________ Date: _______________
Buyer’s Signature: ________________________ Date: _______________
Create Other Common Real Estate Purchase Agreement Forms for Different States
Real Estate Contract Illinois - Signatures of both the buyer and seller are required to validate the contract.
Nc Real Estate Purchase Agreement - It includes clauses that detail the process for dispute resolution if issues arise later.
Real Estate Sales Contract Form - The agreement may specify how disputes will be resolved.
In addition to the essential elements of the Virginia Trailer Bill of Sale form, individuals may also benefit from understanding the general requirements surrounding the sale of motor vehicles. For comprehensive guidance on such transactions, the Motor Vehicle Bill of Sale provides valuable information that can ensure proper adherence to state regulations.
Contract of Sale Real Estate - This form typically addresses the effective date of the agreement and when it will take effect.
Similar forms
The Real Estate Purchase Agreement (REPA) is a crucial document in real estate transactions. It shares similarities with several other documents in the real estate field. Here are eight documents that are similar to the REPA:
- Lease Agreement: This document outlines the terms under which one party agrees to rent property from another. Like the REPA, it specifies the property details, rental amount, and duration of the agreement.
- Option to Purchase Agreement: This agreement gives a tenant the right to purchase the property at a later date. Similar to the REPA, it includes purchase price and terms, but it focuses on future transactions.
- Sales Contract: Often used interchangeably with the REPA, this document details the terms of sale for real property, including price, conditions, and timelines.
- Title Transfer Document: This document facilitates the transfer of ownership from the seller to the buyer. It complements the REPA by ensuring that the buyer receives clear title to the property.
- Disclosure Statements: Sellers are often required to provide disclosures about the property's condition. These statements work alongside the REPA to ensure buyers are informed before finalizing the sale.
- Financing Agreement: This document outlines the terms of any loans used to finance the purchase. It is related to the REPA as it details how the buyer will pay for the property.
- Power of Attorney: This document empowers an individual to designate someone to make decisions on their behalf, which can be crucial when dealing with property transactions. For more information, visit https://pdftemplates.info/power-of-attorney-form/.
- Escrow Agreement: This document involves a neutral third party holding funds until all conditions of the sale are met. It works with the REPA by ensuring that both parties fulfill their obligations before the transaction is completed.
- Closing Statement: This document summarizes the financial details of the transaction at closing. It is similar to the REPA as it provides a final breakdown of costs and confirms the terms agreed upon by both parties.