A basic agreement for the sale of residential real estate — price, financing contingency, inspection, and closing terms. High-stakes; have a real estate attorney or title company involved.
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Free general-purpose template, not legal advice. Fill in the placeholders and consider having a lawyer review it before you rely on it.
Real estate purchases involve significant legal, financial, and disclosure requirements that vary by state. This template is a general starting point — use a licensed real estate agent, title company, and/or attorney to handle the actual transaction, required disclosures, and closing.
This Real Estate Purchase Agreement ("Agreement") is entered into as of [Effective Date] between [Seller Name] ("Seller") and [Buyer Name] ("Buyer"), for the property located at [Property Address] (the "Property").
The purchase price is [Amount], with an earnest money deposit of [Amount] due within [Number] days of acceptance, held by [Escrow Agent].
This Agreement is contingent on Buyer obtaining financing on terms acceptable to Buyer within [Number] days, unless Buyer waives this contingency in writing.
Buyer has [Number] days from acceptance to conduct inspections and request repairs or credits, or to terminate this Agreement based on inspection results.
Seller will provide clear, marketable title at closing and will complete all disclosures required by [State / Jurisdiction] law.
Closing will take place on or before [Closing Date], at which time Seller will deliver the deed and Buyer will pay the balance of the purchase price.
This Agreement is governed by the laws of the State of [State / Jurisdiction].
Seller Signature: _______________________ Date: _______________
Buyer Signature: _______________________ Date: _______________
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