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[Music] an ohio residential purchase agreement is a legally binding contract between the buyer and the seller of a home it outlines in writing all of the agreed upon terms and conditions of the transaction such as the purchase price the financing terms closing date and more in this video well cover how a residential purchase agreement works the legal requirements in ohio and what you need to create one where he forms the biggest online database for legal documents stick around and well tell you where you can find an official residential purchase agreement specific to ohio first lets review how does a residential purchase agreement exactly work when a prospective buyer is interested in making an offer on a house they must present a residential purchase agreement to the seller stating how much the buyer is willing to pay for it how it will be financed what contingencies must be met before closing the deal and more after reviewing the offer the seller may accept reject or make a counte
