Get the Virginia REALTORS Form 600 - Residential Contract of 2025

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The document is a legally binding Residential Contract of Purchase provided by Virginia REALTORS®, outlining the terms and conditions for the sale of real property in Virginia. It includes details about the parties involved, property description, purchase price, financing contingencies, deposit requirements, settlement procedures, and various disclosures related to property condition and legal obligations. The contract emphasizes the importance of understanding its terms and encourages seeking competent advice before signing.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the date at the top of the form, followed by the Seller's and Purchaser's names and addresses. Ensure all parties are clearly identified.
In Section 1, provide a detailed legal description of the property being sold, including its common name and any fixtures included in the sale.
For Section 2, list any personal property items that are included in the sale. Be specific to avoid confusion later.
In Section 3, enter the Purchase Price and specify how it will be financed. Include details about any loans or seller financing if applicable.
Complete Section 4 by indicating the amount of deposit and who will hold it. Make sure to select whether you have already paid this deposit or plan to do so within a specified timeframe.
Continue through each section, ensuring all required fields are filled out accurately. Review financing terms, inspection clauses, and settlement details carefully.

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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 are real estate sales contracts commonly called?

Purchase Agreements These are sales contracts and the most common type of real estate contract. This type of contract establishes everything you need for a real estate property sale in detail. These need to include information such as: Identities of all parties involved.

Can I write my own real estate contract?

Writing your own contracts is perfectly possible, and legal. But its also an incredibly bad idea. Theres two reasons for this: Property law is complicated. Because its such a fundamental part of legislation, its often lots and lots of different laws layered on top of each other.

What is the most frequently used type of contract?

A bilateral contract is a contract that includes two parties who agree to certain terms. This type of contract is common, especially in the workplace.

Is a buyers 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.

What is the most commonly used residential sales contract?

How to Prepare Sales Contracts Legal address of the property. Name of the buyer and seller. Sales price. Sales or closing target date. Deadline for acceptance or offer expiration. Amount of earnest money deposit. Outline of who pays for various expenses such as title insurance, inspections, etc.

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Facts about Get the Virginia REALTORS Form 600 - Residential Contract of

The Virginia REALTORS Form 600 serves as a comprehensive legal document that facilitates the purchase of residential properties in Virginia, ensuring clarity and protection for both buyers and sellers.

Use cases of the form

Form filing requirements

How to submit the Get the Virginia REALTORS Form 600 - Residential Contract of?

Other important aspects to understand about completing Get the Virginia REALTORS Form 600 - Residential Contract of

Use cases of the form

This form is primarily utilized by individuals looking to buy or sell residential real estate in Virginia. It is essential for homebuyers, real estate agents, and sellers who need a structured agreement outlining the terms of sale. Real estate professionals often use this form to ensure compliance with state laws and to protect their clients' interests during transactions.

Form filing requirements

To effectively utilize the Virginia REALTORS Form 600, parties must ensure that all sections are completed accurately before submission. There are no specific deadlines for filing this contract; however, it should be executed promptly to avoid delays in the transaction process. Necessary documentation includes proof of financing, identification details of both parties, and any relevant disclosures regarding property conditions.

Complete all sections of the form accurately.
Provide necessary documentation such as proof of financing.
Ensure all parties involved sign the document.

How to submit the Get the Virginia REALTORS Form 600 - Residential Contract of?

Submitting the Virginia REALTORS Form 600 involves several steps: first, obtain a copy of the form from DocHub or your real estate agent. Next, fill out all required fields with accurate information. Once completed, both parties should sign the document. Finally, submit either an electronic version via email or a printed copy to your chosen settlement agent or real estate office.

Obtain a copy of the form from DocHub or your real estate agent.
Fill out all required fields with accurate information.
Have both parties sign the document.
Submit electronically via email or print and deliver to your settlement agent.

Other important aspects to understand about completing Get the Virginia REALTORS Form 600 - Residential Contract of

It is crucial for users to understand that this contract is legally binding; therefore, seeking legal advice before signing is recommended if there are any uncertainties. Additionally, buyers should be aware that certain contingencies may apply based on financing options selected within the contract.

'Virginia REALTORS®' provides standardized forms that comply with state regulations.
'Form 600' includes provisions for various financing options including conventional loans and seller financing.
'The contract outlines responsibilities regarding inspections and disclosures related to property conditions.'

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What is the most widely used agreement in real estate?

An exclusive right to sell listing is the most widely-used listing agreement. Under this agreement, the broker has the exclusive right to market the property for a specified period of time.

What are the most common real estate contracts?

Purchase agreements are the most common type of contract youll use and encounter. Also known as a sales contract, this is a binding agreement for two parties (buyer and seller) to transfer a specific type of property.

Get the Virginia REALTORS Form 600 - Residential Contract of 2025

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How to use or fill out Get the Virginia REALTORS Form 600 - Residential Contract of with our platform

See more Get the Virginia REALTORS Form 600 - Residential Contract of versions

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Got questions?

What are real estate sales contracts commonly called?

Can I write my own real estate contract?

What is the most frequently used type of contract?

Is a buyers agreement required in Virginia?

What is the most commonly used residential sales contract?

Facts about Get the Virginia REALTORS Form 600 - Residential Contract of

Use cases of the form

Form filing requirements

How to submit the Get the Virginia REALTORS Form 600 - Residential Contract of?

Other important aspects to understand about completing Get the Virginia REALTORS Form 600 - Residential Contract of

Use cases of the form

Form filing requirements

How to submit the Get the Virginia REALTORS Form 600 - Residential Contract of?

Other important aspects to understand about completing Get the Virginia REALTORS Form 600 - Residential Contract of

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What is the most widely used agreement in real estate?

What are the most common real estate contracts?

residential sales contract virginia

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