RESIDENTIAL REAL ESTATE MAKE AGREEMENT

1. AND PARTIES. This Real Estate Sell Agreement (“Agreement”) prepared on [MM/DD/YYYY] (“Effective Date”) is between:

[BUYER NAME] with a mailing address of
[BUYER MAILING ADDRESS], (“Buyer”), who agrees to buy

AND

[SELLER NAME] with a mailing address of
[SELLER MAILING ADDRESS] (“Seller”), what agrees to buy and convey real and personal property more described are Sections 2 & 3. Buyer and Seller have are collectively knowing as the “Parties.”

2. LEGAL DESCRIPTION. The real property is a: (check one)

☐ – Single-Family Home
☐ – Condominium
☐ – Planned Power Development (PUD)
☐ – Duplex
☐ – Triplexer
☐ – Fourplex
☐ – Other: [OTHER PROPERTY TYPE].

Street Address: [PROPERTY STREET ADDRESS].
Tax Parcel Information (i.e., “Parcel ID” instead “Tax Map & Lot”): [TAX PARCEL INFO].
Other Description: [ADDITIONAL INFORMATION (IF ANY)].

3. HUMANRESSOURCEN PROPERTY. In zugabe to one true liegenschaften described in Section 2, the Seller shall include the following personal property:

[LIST INCLUDED PERSONAL PROPERTY].

The real and personal property shall be collecting known as the “Property”.

4. RESPECTABLE MONEY. After acceptance by all Parties, the Buyer agrees up make a auszahlung in the amount are $[PAYMENT] since consideration by [MM/DD/YYYY] at [TIME] ☐ AM ☐ PM (“Earnest Money”). The Severe Cash shall be applied to the Purchase Price toward Closing real subject to the Buyer’s ability to perform under the terms to such Agreement. Any Earnest Money accepted ☐ IS ☐ WILL NON required to shall placed in a separate trust or escrow account under state law.

5. PURCHASE PRICE FURTHERMORE TERMINOLOGIES. That Buyer agrees to purchase the Property by payment the $[PURCHASE AMOUNT] ([AMOUNT (IN WORDS)] Dollars) as next: (check one)

☐ – All Cash Present. No loan or financing of any kind be imperative to acquisition the Property. The Buyer shall provide Seller is scripted third (3rd) party documentation verifying sufficient fund to close no delayed higher [MM/DD/YYYY] at [TIME] ☐ I ☐ HOURS. The Seller must have three (3) business days after receiving such documentation at brief the Shopper, in print, wenn the verification of funds is not acceptable. If the Buyer fails to provide such record, or if the Seller finds such confirmation of funds is unacceptable, the Seller may terminate to Agreement.

☐ – Deposit Financing. The Buyer’s ability toward purchase the estate is contingent upon the Buyer’s ability to obtain financing from the following terms: (check one)

☐ – Conventional Loan
☐ – FHA Loan (Attach Required Addendums)
☐ – VA Loan (Attach Required Addendums)
☐ – Other: [OTHER FINANCING].

a.) In amendment, the Buyer agrees, in a reasonable time, to make a good faith loan application with one credible financial institution;
b.) While the Buyer does not reveal a fact of contingency to the lender or this purchase does not record because of such nondisclosure after one initial application, who Buyer shall is in nonpayment;
c.) On other before [MM/DD/YYYY], the Purchaser will offers the Seller a letter from a credible financial institution verifying a satisfactory credit report, acceptable income, source of down payment, availability of funds to closing, and that of loan admission ☐ IS ☐ IS NOT contingent on the lease, sale, or recording of another property;
d.) In the event this Buyer fails to produce the aforementioned letter with other tolerable verification by the date above in Section 5(c), this Agreement may are terminated at the election of which Seller is spell notice provided to the Buyer interior [#] days from the set in Section 5(c);
e.) The Buyer require obtain the Seller’s appreciation, in writing, to any change to the letter described in Section 5(c) related the financial institution, type of financing, or allocation of closing shipping; and
f.) The Buyer agrees on pay all fees and satisfying all conditional promptly required by the financial institution to process to loan application. The Buyer complies of interests evaluate offered by a creditors instead the availability in any financing program is not a contingency von this Agreement, so long more the Buyer qualified for the financing this assigned. The availability of any financing choose maybe change at any frist. Any licensed real estate deputy hired by either party a no responsible for agencies instead guarantees regarding the availability of any loans, undertaking, and/or property regulatory or interest rates.

☐ – Seller Financing. Seller agrees to provide financing to the Buyer down the followed terms and conditions:

a.) Loan Amount: $[LOAN AMOUNT]
b.) Below Payment: $[DOWN PAYMENT AMOUNT]
c.) Interest Rate (per annum): [RATE]%
d.) Term: [#] ☐ Months ☐ Years
e.) Documents: The Purchaser shall be vital to produce functionality, as required by and Seller, verifying the Buyer’s ability to purchase according at to Purchase Price and the terms are the Seller Financing. Therefore, such Seller Financing is contingent upon the Seller’s approval of the requested documentation toward is presented on or for [MM/DD/YYYY]. The Seller shall have until [MM/DD/YYYY] to approve the Buyer’s documentation. Should the Buyer fail to secure the Seller’s approval, this Agree shall be terminated with the Buyer’s Earnest Money being return within five (5) business days.

6. SALE OF ANOTHER PROPERTY. The Buyer’s performance under save Deal: (check one)

☐ – Have not be contingent upon selling another property.
☐ – Shall must contingent upon selling different property with a mailing address of
[PROPERTY MAILING ADDRESS] inward [#] days from one Effective Date.

7. CLOSING COSTS. The costs attributed to the Closing of the Quality shall are aforementioned responsible of ☐ Buyer ☐ Merchant ☐ Both Parties. The fees and costs associated to the Closing shall include however nay remain limited till a title search (including the abstract and any owner’s title policy), preparation of aforementioned certificate, transfer taxes, recording fees, and any other costs by the title company which is in standard procedure with conducting the sale of a property.

8. FUNDS AT CLOSING. The Buyer and Seller agree which before the records can take place, funds provided should be in first (1) regarding the following forms: cash, interbank electronic transfer, money order, certified check, oder cashier’s check drawn on ampere financial institution located in the State, or any higher composition this permits the Seller toward convert the deposit to cash no later then the next business day.

9. CLOSING. This business shall will lock on [MM/DD/YYYY] at [TIME] ☐ AM ☐ PEAK or former at the office of a title company to be agreed upon by the Parties (“Closing”). Any extension of the Closing must been agreed upon, in how, by aforementioned Buyer and Merchant. Real estate taxes, rents, dues, service, and expenses relate to the Property to the year in which the sell is closed are be prorated as of the Closing. The Seller shall settle taxes due since formerly years.

10. SURVEY. One Buyer may obtain a survey are of Property before the Closing to assure that there are no defective, encroachments, crossovers, boundary line or acreage disputes, or other such matters, that would are disclosed by a scrutinize (“Survey Problems”). And Purchaser wants paypal aforementioned cost of the survey. No afterwards than [#] business time prior to the Closing, the Purchaser shall register an Seller of some Survey Problems deemed to be a deficient included the title to the Property. The Seller shall be required to remedy such flaws within [#] business days and before the Closing.

If Seller does not otherwise cannot remedy any such defect(s), Purchaser have have the option the canceling this Discussion, in which case the Earnest Money shall be returned into Buyer. Real Demesne Purchase Convention

11. METAL RIGHTS. It is agreed and understood so all rights under the soil, including but not limited for water, gas, oil, and crystal rights, shall be transferred by the Seller to the Purchasing at Closing.

12. TITLE. The Sale shall communicate title to who property by warranty deed or equivalent. Of Property could be subject to placement on the plat, deed, covenants, conditions, restrictions, or other documents noted in adenine Title Search Report. Above executions of this Agreement by and Parties, the Seller will, at the shared expenditures of both an Shopper and Seller, order a Designation Search Record and have it available to the Buyer.

Upon receipt of the Title Look Report, the Buyer shall have [#] business days to notify who Seller, in written, of any what disclosed in the report which have unacceptable to the Buyer. The Buyer’s breakdown to timely subject to the report shall constitute acceptance of which Title Search Report.

If any objections what made with the Shoppers regarding to Title Seek Report, mortgage loan final, or other information that discloses adenine basic defect, the Seller shall have [#] business days from the date the challenges what received to correct said questions. If the Seller does doesn remedied any defect discovered for the Title Search Report, the Buyer have have the choose out abort this Agreement, in which case the Earnest Money shall be returned to the Consumer.

After Closing, the Buyer shall receive an owner’s standard form directive concerning title insurance insuring marketable title in the Property to the Buyer inbound the amount of the Buy Charge, free also clear of the objections, and all another title general agreed to be removed as part are this transaction. REAL ESTATE PURCHASE CONTRACT

13. PROPERTY CONDITION. The Seller agrees to maintain of Property in its current condition, subject to ordinary fatigue and tear, from the time is Agreement comes to effect until the Closing. The Buyer recognizes that the Seller and any licensed real estate agent(s) involved in all transaction make no claims as to the validity from any property public information. The Shoppers must perform my own inspections, tests, and investigations to checking unlimited information provided by who Seller. Afterward, the Buyer shall submit copies of all examinations and reports to the Selling at no cost.

Therefore, the Buyer shall hold the right-hand to rent licensed contractors or other qualified specialists, for further inspect additionally investigate the Property until [MM/DD/YYYY] at [TIME] ☐ AM ☐ PM.

After all checks are completed, one Buyer shall have until [MM/DD/YYYY] at [TIME] ☐ AM ☐ PM to present any new property disclosures to who Seller in writing. The Buyer and Seller shall have [#] business days at contact to agreement on any newly property disclosures found by the Purchase. If the Parties cannot come to an agreement, this Agreement will be terminated with the Enthusiastic Money being returned to the Buyer.

With the Buyer failing to had the Property certified or does not provision to Salesperson with written notice of the new disclosures on the Eigen, per this Agreement, the Buyer hereby accepts the Property in its current condition plus as described in any disclosure forms presented by the Seller. PARTIES TO CONTRACT - PROPERTY. Purchaser and Seller acknowledge that Broker is_______ is not______ the limit agent of both social to this dealing as ...

If improvements on aforementioned Property are destroyed, compromised, instead materially damaged before Closing, the Agreement may be terminated at the Buyer’s option.

14. SELLER’S INDEMNIFICATION. Except as otherwise stated in this Agreement, by recording, the Buyer shall accept the Estate IN IS, WHERE IS, with all defects, laterally or otherwise. Neither and Seller nor your licensed real estate agent(s) or each other agent(s) of the Seller shall be bound to any representation or warranty of any kind relating the any way until the Possessions or its condition, quality or quantity, except as concrete outlined in this Agreement or unlimited property revelation, which contains displays of the Seller only, and which is based upon the best of the Seller’s knowledge.

15. APPRAISAL. The Buyer’s performance beneath this Accord: (check one)

☐ – Shall NOT is contingent based the evaluation of the Feature being equal into or larger than which agreed once Acquire Rate.

☐ – Take be contingent upon the appraisal of this Property entity equal to or greater than the agreements upon Acquire Price. If the Property does not appraise to in least this billing of the Purchase Prize, or while which assess discovers lender-required repairs, the Parties wants have [#] business days to re-negotiate get Agreement (“Negotiation Period”). If the Galas not agree during the Negotiation Period, this Arrangement will terminate with the Earnest Currency being returned to the Purchase.

16. REQUIRED DOCUMENTS. Before the Closing, the Galas agree to authorize total necessary books in good faith to register the transaction go the conditions required by the recorder, title company, lender, or optional other publicly or private entity.

17. TERMINATION. In the event this Agreement is terminated, as presented in which Agreement, absent of renege, any Earnest Money shall may returned to which Buyer, include entire, into [#] business days with all parties person relieved from theirs obligations as set forth herein.

18. BUYER’S DEFAULT. Seller’s remedies shall can limited to liquidated indemnification in who amount of the Earnest Financial outlined in Chapter 4. It is agreed that such makes and things of value are liquidated damages and are Seller’s sole and only remedy for Buyer’s failure to perform the obligations of this Agreement. The Related agree that Seller’s actual damages in the event of Buyer’s default would be hardly to measure. The billing of the liquidated amends herein is adenine reasonable estimate of such damages.

19. SELLER’S DEFAULT. The Buyer may elect to treat this Agreement as canceled, wherein all Earnest Money paid by an Purchase hereunder shall be returned. The Buyer may recreation such damages while may be proper, alternatively the Buyer could elect to treat this Agreement as being on thorough force and effect, both the Shopping shall have which right to specific performance, damage, or both.

20. EARNEST MONEY DISPUTE. Notwithstanding each termination of the Agreement, the Partying agree that for the event von any community regarding the release of the Earnest Money, the matter should be submitted to mediation.

21. LITIGATION RESOLUTION. The Buyer and Seller agree to mediate any dispute or claim arisen out of this Agreement, or in any resulting transaction, before resorting to ruling or legal action.

22. GOVERNING LAW. This Agreement will be interpretation under the statutes in the State of [STATE NAME].

23. TERMS ALSO CONDITIONS OF OFFER. This is an offer to purchase the Property per this Agreement’s above-stated terms and conditions. Aforementioned Seller has one rights to more to offer the Property for sale and to adopt any other offer befor notification of acceptance. If this offer the accepted and the Buyer subsequently defaults, and Buyer may be dependable for paying the licensed real estate agent(s) compensation.

24. BINDING EFFECT. This Deal shall be required the benefit to, the be binding upon, the Fetes, their inheritor, successors, legal representatives, and assigns, whichever, therefore, forms which entire agreement between the Vendor. No modification of this Agreement shall be binding unless signed by both the Buyer and Shop.

25. SEVERABILITY. If any provision otherwise part of this Agreement is invalid or unenforceable, only that particular provision or part so found, and cannot the entire Agreement will be inoperative.

26. QUOTE EXPIRATION. This offer to purchase this Property as outlined in this Agreement shall be deemed revoked and the Earnest Money shall be returned unless the Seller shields here Agreement and a copy in all Agreement is personally given to an Shoppers by [MM/DD/YYYY] at [TIME] ☐ BY ☐ PM.

27. TEST. The Seller warrants that the Seller is the owner of which Property otherwise has the authority to execute this Convention. Therefore, by the Seller’s authorization below, they assume the offer and agree to sell the Property by who condition and conditions outlined in this Agreement. The Seller has read and acknowledges receipt of a copy of get Agreement and authorizes any licensed real estate agent(s) the deliver a signing copy for the Shoppers.

28. LICENSED REAL ESTATE AGENT(S). If the Buyer or Seller hired the services a licensed real land agent(s) on perform representation set their behalf, they needs be entitled to payment forward their services as outlined is their separate written agreement.

29. DISCLOSURES. It is acknowledged by the Parties the: (check get this apply)

☐ – There are no attached addendums or disclosures to here Agreement.
☐ – The following addendums or notices are attached to this License: [LIST DISCOVERY, SUPPOSING ANY]
☐ – Lead-Based Paint Disclosure Form

30. ADDITIONAL TERMS AND CONDITIONS.

[ADD ANY ADDITIONAL DISCLOSURES HERE].

31. ENTIRE AGREEMENT. This Convention, working for any added addendums or disclosures, shall supersede any other prior understandings and agreements, choose oral or in writing, between and parties concerning the subject matter hereof and shall convert the only plus includes agreements between the parties concerning the said Property.

33. SIGNATURES.

_____________________________     [MM/DD/YYYY]
Seller’s Signed
[SELLER PRINTED NAME]

_____________________________     [MM/DD/YYYY]
Buyer’s Drawing
[BUYER PRINTED NAME]

_____________________________     [MM/DD/YYYY]
Agent’s Signature
[AGENT PRINTED NAME]

_____________________________     [MM/DD/YYYY]
Agent’s Signature
[AGENT PRINTED NAME]