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[Music] an indiana residential purchase agreement is a legally binding contract between the buyer and seller of a home it lists all of the important terms of the transaction including the purchase price financing inspections and the rights and responsibilities of both parties in this video well cover how a residential purchase agreement works legal requirements in indiana and what you need to create one worry forms the biggest online database for legal documents stick around and well show you where you can find an official residential purchase agreement specific to indiana first lets review how does a residential purchase agreement exactly work the residential purchase agreement makes sure that both the buyer and the seller are on the same page with regard to all terms of the transaction the contract may also state any contingencies that must be met or either party has the right to terminate the contract it takes some negotiation between the buyer and the seller to be satisfied with
