Sample Real Estate Purchase Contract
Because a real estate purchase contract is a legal document, your real estate agent or lawyer should provide you the appropriate contract form for your area and help you fill it out. As a rule, these contracts range from somewhat complex to quite complex and sometimes convoluted. Most purchase contracts include a warning that says something like this:
“This is more than a receipt for money. It is intended to be a legally binding contract. Read it carefully.”
Heed the warning!
Purchase contracts vary in length, complexity, and terms from state to state and, within a state, from one locality to another. This appendix includes a sample of the California Association of Realtors’ real estate purchase contract. We chose California’s contract because it’s one of the most comprehensive residential real estate contracts around.
Another important thing to check is the contract’s revision date — usually located in the bottom-left or -right corner of the page. Be sure that you’re working on the most recent version of the purchase ...