Real Estate Sales Agreement Template | Property Contract for Buyer and Seller

Are you involved in a real estate transaction as either a buyer or a seller? Protect your interests and ensure a smooth transaction with our Real Estate Sales Agreement Template. At BizzLibrary.com, we understand the importance of having a comprehensive and legally binding agreement when it comes to buying or selling property.

What is a Real Estate Sales Agreement?

A Real Estate Sales Agreement is a contract between a buyer and a seller that outlines the terms and conditions of a real estate transaction. It serves as a legally binding agreement that establishes the rights and obligations of both parties involved in the sale or purchase of a property.

Key Elements of a Real Estate Sales Agreement:

The Real Estate Sales Agreement template includes the following key elements:

• Identification of Parties: The agreement clearly identifies the buyer and seller involved in the transaction.
• Property Details: It includes a detailed description of the property being sold, such as the address, legal description, and any other relevant specifics.
• Purchase Price: The agreement specifies the purchase price agreed upon by the buyer and seller.
• Payment Terms: It outlines the payment terms, including the amount of deposit or down payment, financing arrangements, and any applicable deadlines.
• Contingencies: Contingencies are conditions that must be met for the sale to proceed. Common contingencies include property inspections, appraisal, financing approval, and more. The agreement allows you to include specific contingencies relevant to your transaction.
• Closing and Possession: It specifies the date of closing and the date of possession, ensuring a smooth transfer of ownership.
• Legal Disclosures: The agreement includes provisions for legal disclosures required by law, such as information about the property's condition, any known defects, and other relevant details.
• Dispute Resolution: In the event of a dispute, the agreement may outline the preferred method of dispute resolution, such as mediation or arbitration.

Download Our Real Estate Sales Agreement Template

To ensure a successful real estate transaction without any legal complications or misunderstandings, download our professionally drafted Real Estate Sales Agreement Template in DOCX format. It provides a solid foundation for your transaction, protecting the interests of both buyers and sellers.

Visit BizzLibrary.com today to access a wide range of business document templates, including legal contracts, sales agreements, and more. Download our Real Estate Sales Agreement Template now and have peace of mind throughout your real estate transaction!