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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:

  1. Earnest Money Deposit: $_______________, to be held in escrow by ________________________.
  2. 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.

Similar forms

  • Lease Agreement: A lease agreement outlines the terms under which one party agrees to rent property owned by another party. Like a Real Estate Purchase Agreement, it specifies the duration of the lease, payment terms, and responsibilities of both the landlord and tenant.

  • Option to Purchase Agreement: This document gives a tenant the right to purchase the property at a later date. Similar to a Real Estate Purchase Agreement, it sets forth the purchase price and terms, allowing for a future transaction while providing the tenant time to secure financing.

  • Sales Contract: A sales contract is used for various types of sales, not just real estate. It details the agreement between the buyer and seller, including the item being sold, the price, and the conditions of the sale. Like the Real Estate Purchase Agreement, it serves to protect both parties' interests.

  • Escrow Agreement: An escrow agreement involves a third party holding funds or documents until certain conditions are met. It parallels a Real Estate Purchase Agreement in that both documents help facilitate the transaction process and ensure that all parties meet their obligations before the deal is finalized.

  • Title Transfer Document: This document officially transfers ownership of the property from the seller to the buyer. Similar to a Real Estate Purchase Agreement, it includes essential details about the property and the parties involved, ensuring that the transfer is legally recognized.