Real Estate Purchase Agreement
This Real Estate Purchase Agreement (“Agreement”) is entered into on this ___ day of __________, 20___, by and between:
- Buyer: ______________________________
- Address: ____________________________
- Email: _____________________________
- Phone: _____________________________
- Seller: ______________________________
- Address: ____________________________
- Email: _____________________________
- Phone: _____________________________
This Agreement shall be subject to and governed by the laws of the state of __________.
The Buyer agrees to purchase, and the Seller agrees to sell, the property located at:
Property Address: ____________________________________________
1. Purchase Price: The total purchase price shall be $________________. This amount shall be paid as follows:
- Earnest Money Deposit: $_______________, to be held in escrow by ________________________.
- Balance: The remaining balance of $________________ shall be due at closing.
2. Closing Date: The closing of the purchase will take place on or before the ___ day of __________, 20___.
3. Contingencies: This Agreement is contingent upon the following:
- Completion of a satisfactory home inspection.
- Buyer obtaining financing approval.
- Title being free of any liens or encumbrances.
4. Disclosures: Seller shall provide all necessary disclosures as required by state law, including but not limited to:
- Lead-based paint disclosure (if applicable).
- Property condition disclosure.
5. Signatures: Both parties must sign below to indicate their acceptance of the terms set forth in this Agreement.
______________________________
Buyer’s Signature Date: _________________
______________________________
Seller’s Signature Date: _________________
This Agreement represents the entire understanding between the parties. No amendments shall be effective unless in writing and signed by both parties.