This is a sample Basic Real Estate Contract. A Real Estate Contract is a legally binding document between two or more parties participating in a purchase and sale, exchange or transfer of real estate. The form may be customized to suit your needs.
Don't hesitate to reach out to your real estate agent or a lawyer. It's better to ask questions now than to find yourself in hot water later!
While it's not required, having a lawyer glance over the contract can save you from future heartaches. They can spot things you might miss!
A contract is legally binding if it meets certain criteria, like being written, signed by both parties, and having clear terms. Think of it as a handshake that keeps everyone in line.
While it's tempting to use a one-size-fits-all approach, it's best to stick with a Texas-specific contract. It ensures you cover all bases according to local laws.
A Basic Real Estate Contract is a written agreement between the seller and buyer that lays out the terms for the sale of a property. Think of it as the rulebook for the transaction.