Free Printable Land Purchase Agreement Pdf

After seeing House Hunters on HGTV for years, it`s finally your turn to find the perfect home. Or you bought a dilapidated house, put your money and sweat into the repair and you are now ready to put it up for sale. Either way, once you`ve found the perfect home or buyer, make sure you have a written agreement to make sure it goes smoothly to the conclusion, and you`ll know what to do when it comes on the way to hiccups. The sales contract (download) also serves as a letter of offer. The seller has the choice to accept, refuse or file a counter-offer. If the seller agrees, the sales contract is signed and the buyer must file his account; where applicable. Consider this document as a roadmap for the period between the signing of the contract and the conclusion of the sale. Commercial Real Estate Purchase Agreement – For any type of non-residential property, it is recommended to use the Commercial Sales Agreement. Lead-based Color Disclosure – A federal law requiring the owner of real estate built before 1978 to determine whether bursting, flaking, or color deterioration occurred on the site.

Since paint particles are dangerous to a person`s health, this is a necessary disclosure that must be attached to any sales contract. If financing was a condition of the sales contract, the buyer must go to a local financial institution to request and secure financing for their home. This is usually referred to as a “mortgage” and may require up to 20% for a count with other financial commitments, depending on market conditions. Contingency: An eventuality is a condition that must be met for the purchase to take place. If the contingency is not fulfilled, the buyer has the option to withdraw from the contract and not proceed with the purchase. Some examples of common contractual configurations are as follows: You should use this agreement if you (a) are a potential buyer or seller of housing, (b) if you want to define the legal rights of each party to the sale, and (c) outline the respective obligations of each party before the transfer of legal title…