A Contract for Sale of a Condominium is a legal document that outlines the terms and conditions of a sale of a condominium unit. It includes information such as the purchase price, closing date, deposit amount, and other details related to the sale. The contract may also include provisions for financing or other arrangements between the buyer and seller. The contract is typically prepared and signed by both parties before the closing date. There are two main types of Contract for Sale of a Condominium: a standard purchase agreement and a condominium declaration. The standard purchase agreement is a more generic document and outlines the terms of the sale, such as the purchase price, closing date, and terms of payment. The condominium declaration outlines the specific rules of the condominium, such as the bylaws, rules, and regulations governing the condominium.