Get Real Estate Purchase Contract And Related Addenda For Use By Real Estate Licensees

Filling out the Real Estate Purchase Contract and its related addenda is crucial for ensuring a smooth real estate transaction. This guide provides an easy-to-follow framework to help users, regardless of their legal experience, navigate the essential components of the contract effectively.

Follow the steps to accurately complete the contract online.

1. Click ‘Get Form’ button to download the contract form and open it in your online editor.
2. Begin by entering the legal description of the property, including the physical address. Ensure that all sub-surface, mineral, and water rights are adequately described as per the seller's claims.
3. Fill in the purchase price and earnest money details. Specify whether the transaction is cash or if a Financing Supplemental Agreement will be necessary for financing.
4. Outline closing, funding, and possession terms. State acceptable payment methods and confirm the required identification for the closing.
5. Detail accessories, equipment, and systems that will remain with the property. List any items the buyer wants included or excluded from the sale.
6. Complete the time periods section, ensuring each timeline aligns with the specified reference dates outlined in the contract.
7. Attach any required disclosures, such as the Residential Property Condition Disclosure Statement, and ensure they are provided to the buyer prior to acceptance of the offer.
8. Make sure all parties sign the document using original or acceptable electronic signatures, confirming the agreement is binding.
9. Once completed, review the contract for accuracy and clarity, then save your changes, and consider downloading or printing a copy for your records.

Get started on your real estate journey by filling out the Real Estate Purchase Contract online today!