Real Estate Purchase Agreement


A real estate purchase agreement is a document which is framed formally when a person or party purchases a real estate property from a broker or the previous owner of the property. This agreement is legal in nature which means that the terms and conditions are legally binding for the involved parties.

Sample Real Estate Purchase Agreement:

This agreement has been made effective as on 3rd July 2011

This agreement has been made between the parties whose details are given as follows:

BUYER

Name: Mr. Greg White

Address: 3-y east town, Fred street, Canada

Contact number: 4709370935705

SELLER

Name: Mr. Fredrick Jack

SELLER owns the property and wishes to sell it to the BUYER.

Address: 23-W, Henry estate, New York

Contact number: 4739538753290

Details of real estate:

Address: 4-p, Kell road, Canada

Total cost: $75000

The real estate shall be provided in the condition as shown to the BUYER by the SELLER on inspection visit.

The following are the terms and conditions of the agreement:

  • The SELLER must agree to sell the property along with the items installed on the property.
  • The BUYER must make the entire payment within 1 month of the purchase date which is 8th July 2011.
  • The BUYER holds the right to sell lease or use the property for personal use as and when he wishes.
  • The SELLER cannot interfere in the matters of the property after receiving the entire payment.

Both the parties hereby agree to the terms and conditions of the agreement:

Greg White

Fredrick Jack

Category: Purchase Agreements

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