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Get the up-to-date Contract for Sale and Purchase of Real Estate with No Broker for Residential Home Sale Agreement - Virginia 2025 now

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The document is a contract for the sale and purchase of real estate in Virginia, outlining the agreement between the Seller and Buyer regarding the property, sales price, financing options, earnest money deposit, property condition disclosures, closing procedures, title transfer, and legal obligations. It includes provisions for inspections, repairs, and contingencies related to financing and property condition. Additionally, it addresses lead-based paint disclosure requirements for properties built before 1978.

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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

What states require a buyer-broker agreement?

Here are the states that now require written buyer agency agreements Arkansas. Alaska. Georgia. Idaho. Maryland. Minnesota. Missouri. Nebraska.

Can I write my own purchase agreement?

Some states, like California, have created real estate purchase agreements you can download and change. You can also get a template from PandaDoc, as well as benefiting from real estate contract management software functionality.

Is a buyer broker agreement required in Virginia?

The Code of Virginia requires a written brokerage agreement when a brokerage relationship, as defined in 54.1-2130, is created. When a customer becomes a client is based upon the partys intent.

Can a real estate agent sell a house without a brokerage?

Listing As For Sale By Owner (FSBO) The agent will still need to disclose their status as a licensed real estate professional when conducting business with potential buyers. Because the agent isnt involving their brokers services with a FSBO home sale, they are considered the seller and not the listing agent.

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