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[Music] a nebraska residential purchase agreement is a legal contract binding the buyer and the seller of a home to a set of agreed-upon terms and conditions this includes the purchase price offer expiration date and the rights and responsibilities of both parties in this video well cover how a residential purchase agreement works the legal requirements in nebraska and what youll need to create one where he forms the biggest online database of legal documents stick around and well tell you where you can find an official residential purchase agreement specific to nebraska first lets review how does a residential purchase agreement exactly work if someone is interested in making an official offer on a home they must present the seller with a residential purchase agreement this document states how much the buyer is willing to pay for it how it will be financed when the offer will expire and any contingencies that must be met it may take some negotiation between the buyer and the selle