Arizona Purchase Contract For Home
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If this form requires notarization, complete it online through a secure video call—no need to meet a notary in person or wait for an appointment.
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FAQ
An Arizona residential real estate purchase and sale agreement is a legal document with terms and conditions for a buyer's purchase of property from a seller. The seller and buyer (or their attorneys) will negotiate the terms of the agreement including purchase price, closing date, property condition, and so on.
How to write a real estate purchase agreement Identify the address of the property being purchased, including all required legal descriptions. Identify the names and addresses of both the buyer and the seller. Detail the price of the property and the terms of the purchase. Set the closing date and closing costs.
4 Essential Elements of an Arizona Real Estate Contract The contract must be in writing and include a legal description of the property. There needs to be mutual assent and legal consideration. The parties must both be legally competent. The contract cannot violate any laws.
The purchaser or lessee has the legal right to rescind (cancel) this agreement without cause or reason of any kind, and to the return of any money or other consideration by sending or delivering a written notice of rescission to the seller or lessor by midnight of the seventh calendar day following the day the ...