Appendix

Sample Purchase Agreement

The purchase and sale of real estate are always done in writing. The most critical document in any transaction is the sales contract, which is referred to as the purchase agreement in real estate transactions. After you have found a property that meets your investment goals, have your real estate agent prepare a real estate contract for presentation to the seller or her agent.

Purchase agreements differ based on your state, but the following figure shows a sample purchase agreement to give you an idea of what one looks like.

Illustration of a sample standard commercial/investment purchase agreement for non-residential or more than four residential units (page 1 of 7).
Illustration of the same commercial/investment purchase agreement for non-residential or more than four residential units (page 2 of 7).
Illustration of the same commercial/investment purchase agreement for non-residential or more than four residential units (page 3 of 7).
Illustration of the same commercial/investment purchase agreement for non-residential or more than four residential units (page 4 of 7).
Illustration of the same commercial/investment purchase agreement for non-residential or more than four residential units (page 5 of 7).
Illustration 6 of the same commercial/investment purchase agreement for non-residential or more than four residential units (page 6 of 7).
Illustration of the same commercial/investment purchase agreement for non-residential or more than four residential units (page 7 of 7).

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