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Preview - Texas Real Estate Purchase Agreement Form
Texas Real Estate Purchase Agreement
This Real Estate Purchase Agreement (“Agreement”) is made and entered into as of the ___ day of __________, 20___, by and between:
Seller: ___________________________________
Address: ______________________________________________________
Phone: ________________________________________________________
Buyer: ___________________________________
Address: ______________________________________________________
Phone: ________________________________________________________
This Agreement is governed by the laws of the State of Texas.
1. Property Description
The property subject to this Agreement is located at:
__________________________________________________________
__________________________________________________________
2. Purchase Price
The total purchase price for the Property shall be $____________, payable as follows:
- Earnest Money: $_________________ to be deposited with _____________.
- Balance due at closing: $_____________.
3. Closing Date
The closing of the sale will take place on or before the ___ day of __________, 20___.
4. Contingencies
This Agreement is contingent upon the following:
- Buyer's financing.
- Inspection of the Property.
- Sale of Buyer's current property, if applicable.
5. Possession
Possession of the Property shall be delivered to Buyer on the closing date unless otherwise agreed in writing.
6. Governing Law
This Agreement shall be governed by the law of the State of Texas.
7. Signatures
By signing below, both Seller and Buyer agree to the terms set forth in this Agreement.
Seller's Signature: ___________________________ Date: ____________
Buyer's Signature: ___________________________ Date: ____________
This Agreement serves as a binding contract between the parties. It is advisable to consult legal counsel before entering into any real estate transaction.
Create Other Common Real Estate Purchase Agreement Forms for Different States
Real Estate Contract Illinois - The document may contain a clause addressing disputes or mediation procedures.
Real Estate Sales Contract Form - It provides provisions for disclosures related to the property.
Real Estate Sales Agreement Pa - Often accompanies a disclosure statement about the property's condition.
For Sale by Owner Purchase Agreement Pdf Michigan - Acceptance of the agreement typically leads to the creation of a title transfer document.
Similar forms
- Lease Agreement: This document outlines the terms under which a tenant can occupy a property. Like the Real Estate Purchase Agreement, it specifies details such as rent, duration, and responsibilities of both parties.
- Purchase and Sale Agreement: Similar to the Real Estate Purchase Agreement, this document is used when a buyer and seller agree on the sale of property. It includes terms, conditions, and contingencies related to the sale.
- Option to Purchase Agreement: This agreement gives a potential buyer the right to purchase a property within a specified time frame. It shares similarities with the purchase agreement in terms of outlining purchase price and conditions.
- Real Estate Listing Agreement: This document is used between a property owner and a real estate agent. It details the agent's responsibilities and the terms of the sale, akin to the purchase agreement's role in defining the sale process.
- Joint Venture Agreement: When two or more parties collaborate to purchase real estate, this document outlines their roles and contributions. It parallels the purchase agreement in establishing the terms of a property transaction.
- Escrow Agreement: This document is used to hold funds or documents until certain conditions are met. It complements the Real Estate Purchase Agreement by ensuring that all parties fulfill their obligations before the transaction is finalized.
- Seller Disclosure Statement: This document requires sellers to disclose any known issues with the property. It is similar to the Real Estate Purchase Agreement in that it protects the buyer by ensuring they are fully informed before completing the purchase.