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Virginia Home Sale Forms

Complete your Virginia home sale with confidence. Every form you need — from purchase agreement to closing — backed by attorney-drafted templates.

Jayne Welch
Reviewed by Jayne Welch Content Attorney / Legal Editor, US Legal Forms

Similar documents: key differences

  • Purchase Agreement vs. Letter of Intent — a purchase agreement is legally binding on terms; a letter of intent is a non-binding expression of interest.
  • General Warranty Deed vs. Quitclaim Deed — a warranty deed guarantees clear title; a quitclaim deed transfers only whatever interest the seller currently holds.
  • Seller's Disclosure vs. Lead-Based Paint Disclosure — seller's disclosure covers overall property condition; lead-based paint disclosure is a separate federal requirement for older homes.
  • Earnest Money Receipt vs. Deposit Receipt — earnest money is specific to real estate offers; a deposit receipt is a general acknowledgment used across many transaction types.
  • Closing Statement vs. Purchase Agreement — a purchase agreement sets the terms at the start; a closing statement records the final financial settlement at the end.
  • Home Inspection Addendum vs. Repair Request — an inspection addendum is a contractual contingency built into the agreement; a repair request is an informal ask made after the inspection report.

Common Virginia Home Sale Forms documents

  • Purchase Agreement — establishes the price, terms, and conditions both parties agree to before the sale proceeds.
  • Property Disclosure Statement — informs the buyer of any known defects or material conditions affecting the property.
  • Deed Transfer Form — legally conveys ownership of the property from the seller to the buyer at closing.
  • Earnest Money Receipt — acknowledges the buyer's good-faith deposit and outlines the conditions for its return or forfeiture.
  • Lead-Based Paint Disclosure — federally required notice for homes built before 1978 disclosing potential lead paint hazards.
  • Home Inspection Contingency Addendum — allows the buyer to request repairs or withdraw based on the results of a professional inspection.
  • Closing Settlement Statement — itemizes all costs, credits, and fees due from each party at the time of closing.

FAQs

At a minimum, Virginia home sales typically require a purchase agreement, a residential property disclosure statement, a deed transfer form, and a closing settlement statement. Federal law also requires a lead-based paint disclosure for homes built before 1978.

Virginia does not legally require an attorney to be present at closing. However, many buyers and sellers choose to involve one, especially for complex transactions or FSBO sales, to ensure all documents are correctly executed and recorded.

Earnest money is a good-faith deposit made by the buyer when submitting an offer. Whether it is refundable depends on the contingencies written into the purchase agreement — such as financing or inspection clauses — so those terms should be clearly defined upfront.

A general warranty deed guarantees that the seller holds clear title and will defend the buyer against any future claims. A quitclaim deed simply transfers whatever interest the seller has, with no guarantees — it is more common in non-sale transfers, such as between family members.

Yes. Virginia allows for sale by owner (FSBO) transactions. As the seller, you are still responsible for completing all required disclosure forms, drafting a valid purchase agreement, and ensuring the deed is properly notarized and recorded after closing.

How to get started

Start your Virginia home sale in minutes with these simple steps.

  • Search for the Virginia home sale form you need by document type or category.
  • Preview the template to confirm it covers your specific transaction details.
  • Subscribe to access the full library of attorney-drafted real estate forms.
  • Open the form in the online editor and fill in your property, party, and transaction details.
  • Download, print, or share the completed document directly with your buyer, seller, or closing agent.

Practical tip

In Virginia, buyers should request the Property Disclosure Statement as early as possible — reviewing it before making an offer can prevent costly surprises and simplify negotiations.

Glossary

Purchase AgreementA legally binding contract setting out the price and terms under which a property will be sold.
Property Disclosure StatementA form where the seller reports known defects and material facts about the property.
DeedA legal document that officially transfers ownership of real property from one party to another.
Earnest MoneyA deposit paid by the buyer to demonstrate serious intent; held in escrow until closing.
ContingencyA condition written into a contract that must be met for the sale to proceed, such as a satisfactory home inspection.
ClosingThe final step of a real estate transaction where documents are signed, funds are exchanged, and ownership transfers.
TitleThe legal right to own and use a property; a clear title means there are no outstanding claims or liens.
EscrowA neutral third-party arrangement where funds or documents are held until all conditions of the sale are satisfied.
FSBO (For Sale By Owner)A home sale conducted directly by the owner without a licensed real estate agent.
Settlement StatementA document prepared at closing that details all financial transactions, credits, and fees for both parties.
NotarizationThe process by which a notary public verifies the identity of signers and witnesses the execution of a legal document.
RecordingThe filing of a deed or other real estate document with the local government to create a permanent public record of ownership.

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