A written agreement between vendor and purchaser in which the purchaser agrees to buy certain real property and the vendor agrees to sell upon terms and conditions as set forth in that agreement.
The legal contract and seller and purchaser enter into. It is recommended that you use a professional (also know as a Purchase Contract) realtor or lawyer in order to protect yourself.
the legal document prepared when you apply an offer to buy a home. Most offers are conditional on certain things you may need to confirm before firming up the final offer, i.e. the financing condition.
A written signed agreement between the seller and the purchaser in which the purchaser agrees to buy certain real estate and the seller agrees to sell upon terms of the agreement. Also known as contract of purchase, purchase agreement, offer and acceptance, earnest money contract or sales agreement. Also called an Earnest Money Agreement in some areas.
is a contract in which, generally through a real estate agent, the buyer offers to the seller a certain price for a home and if the seller accepts the offer within a stipulated time limit, it becomes a binding agreement. Sometimes, within this time limit, the vendor changes some of the terms and/or conditions of the offer and sends it back to the buyer (called a counter-offer) for acceptance within a specified time. Often called an Offer until accepted.
The legal contract a purchaser and a seller enter into. We recommend that you have your offer prepared by a professional realtor that has the knowledge and experience to satisfactorily protect you with the most suitable clauses and conditions.
This is the offer-to-purchase document that makes up the core of a real estate transaction. It itemizes the property being sold, when it is to be sold, at what price, and the terms and conditions to the sale and purchase of the property.
A written document in which the purchaser agrees to buy certain real estate and the seller agrees to sell under stated terms and conditions.
A legal agreement that offers a certain price for a home. The offer may be firm (no conditions attached), or conditional (certain conditions must be fulfilled before the deal can be closed).
The written contract between the purchaser and the vendor for the sale of property.
Written agreement whereby one agrees to buy, and another agrees to sell, according to the terms of the agreement. It contains all the provisions and conditions for the purchase, must be signed by both parties.
a document outlining the terms and conditions under which a property is offered for purchase and sale.
a contract between a seller who agrees to transfer ownership of the property at a later date, and a buyer who in exchange agrees to provide payment in full on the same date (pages 59-61).
A contract by which one party agrees to sell and another agrees to purchase.