A real estate contract is a legal document between the buyer of a property and the seller. It states that there will be an exchange of ownership of a property, usually (but not always) for money. For a home or real estate property purchase to be valid in the U.S., the real estate...
I have handled countless cases enforcing and defending real estate contracts, particularly involving Offers to Purchase and Purchase and Sale Agreements. For buyers, these cases typically involve the standard form Offer (or Contract) to Purchase, a one or two page short form contract, which under ...
The Arizona Residential Real Estate Purchase Agreement (“Residential Purchase and Sale Agreement”) is a legally binding contract between a buyer and seller for the purchase of a residential property. The agreement sets out the amount to be paid to the seller, the buyer`s financing information a...
You may also see the real estate purchase agreement called a real estate sales contract, a real estate purchase contract, or a home purchase agreement. Like any other purchase agreement, it’s a binding contract that obligates the buyer to buy — and the seller to sell — the specified ite...
A real estate contingency is a part of the purchase and sale contract that details specific, measurable conditions that must be met by a preset deadline to successfully advance the deal. If the conditions are not met, the buyer can choose to terminate the contract. Real estate contingencies co...
Real Estate Contracts– Learn the proper way to fill out a purchase contract and related addendums. If you are already an expert, improve your skills and techniques on what to look for when receiving contracts to your listings. Transaction Disclosures– Real estate laws are always changing and ...
Mr. Ferguson, the buyer, was naturally upset, and sued, seeking an order of “specific performance” to enforce the deal, based on well established law that an offer to purchase is a legally binding contract for the sale of real estate. (Read the case if you want to learn about various...
AddendumA document that is added to a real estate contract or purchase agreement. AmortizationRepaying a debt over a set period of time. Annual percentage rate (APR)The interest rate along with other fees that you can expect to pay when securing a mortgage loan. Appraisal An approximation of...
Real Estate Purchase Agreement Acknowledgment Down Payment on Purchase Addendum Clauses for Purchase Contracts Affidavit & Memorandum Amending Agreement Assignment of Contract Assignment Form Assignment of Lease and Consent Assignment of Contract for Purchase of Real Estate ...
Real Estate Vision Report Addendum - Vision Refinement for Coach FacilitiesSan Francisco Municipal Transportation AgencySan Francisco Municipal Transportation Agency