Get 37 Simple Purchase Agreement Templates Real Estate, Business

Filling out a simple purchase agreement template is essential for ensuring a smooth transaction in real estate or business dealings. This guide provides clear, step-by-step instructions for completing the 37 purchase agreement templates online.

Follow the steps to fill out your purchase agreement template accurately.

1. Click the ‘Get Form’ button to obtain the template and open it in your chosen editor.
2. Begin by entering the date of the agreement in the format of 'day of month, year'.
3. In the first section, list the names of the seller(s) and buyer(s), ensuring that all parties are correctly identified.
4. Next, provide the street address of the property being sold, followed by a detailed legal description to specify the exact boundaries of the property.
5. Indicate any personal property included in the sale, such as appliances or fixtures, in the respective section.
6. Fill in the purchase price agreed upon by the parties involved.
7. State the amount for the earnest money deposit that the buyer will send to escrow upon agreement.
8. Complete the section regarding proration of expenses by checking off what will be prorated at closing, including taxes and rents.
9. Describe any assessments related to the property and who will be responsible for them.
10. Document who will cover the costs associated with the transfer, such as broker commissions and title insurance.
11. Specify what fixtures are included in the sale and confirm the condition in which they will be left.
12. Indicate the buyer's right to conduct inspections, including how many days they have to complete these inspections.
13. Choose the agreed-upon condition of the premises, either 'AS IS' or with specific warranties, and mark the appropriate section.
14. Set the closing date and location for the transfer of title, ensuring all details are clear.
15. Outline any necessary title commitments and obligations of the seller related to these.
16. Complete the escrow section to clarify who will act as the escrow agent.
17. Address damage to property and clarify responsibilities until closing.
18. Include default provisions, which outline the consequences if either party fails to fulfill their obligations.
19. If applicable, indicate details about financing contingencies and the buyer's responsibilities in securing financing.
20. Lastly, review the additional terms section, and add any specific terms you wish to include.
21. Once all fields are completed, ensure all parties sign the agreement and date it properly before making any copies.
22. Save changes to your document, ensuring all information is accurate. You may download, print, or share the completed form as needed.

Start filling out your purchase agreements online today to simplify your transaction process.