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Get Real Estate Purchase Contract - Comfree
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How to fill out the REAL ESTATE PURCHASE CONTRACT - ComFree online
The Real Estate Purchase Contract - ComFree is an essential document for facilitating the sale or purchase of property. This guide will provide you with user-friendly, step-by-step instructions to ensure that you can fill out the form accurately and confidently.
Follow the steps to successfully complete the form.
- Click the ‘Get Form’ button to obtain the form and open it in your preferred online editor.
- In the first section of the contract, enter the names of all individuals identified as the buyer and seller. Ensure that you include both Buyer 1 and Buyer 2, as well as Seller 1 and Seller 2.
- Proceed to the property section. Fill in the complete address, including municipal address, lot number, block number, and legal description of the property to be sold.
- Specify any unattached goods you want included in the sale, such as appliances. Make sure to also list any attached goods that will be excluded from the sale to avoid any misunderstandings.
- For the transaction details, note the purchase price, deposit amount, and any new mortgage you are assuming. Accurately calculate the balance owing at closing.
- Check any applicable buyer’s conditions such as financing, property inspection, and lawyer approval. Provide specific condition dates where required.
- Fill in the closing details, including the completion day and the conditions that will need to be met before this date. Ensure that you understand the implications of these provisions.
- Lastly, complete the notices section by including contact information for both buyers and sellers, and their respective lawyers.
- Once all sections are filled out accurately, ensure that all parties involved sign the contract. Review the document carefully and consult a legal professional if needed.
- Save your changes, then download, print, or share the completed form as needed.
Start filling out your Real Estate Purchase Contract online today for a smooth transaction.
A purchase agreement, also referred to as a purchase contract, real estate sales contract, or real estate purchase contract, is an agreement between a buyer and seller that spells out the terms of a real estate transaction. As its name suggests, it's a contract to purchase a property.