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A purchase agreement is a legal document that is signed by both the buyer and the seller. Once it is signed by both parties, it is a legally binding contract. The seller can only accept the offer by signing the document, not by just providing the goods.
However, a written listing agreement must comply with Section 475.25(1)(r), Florida Statutes, which requires a definite expiration date, description of the property, price and terms, fee or commission, and a proper signature of the principal(s).
Though notarization is not required, it may still be a good idea to have a notary present in order to verify the identities of all signers.
A basic purchase agreement should include the following: Name and contact information for buyer and seller. The address of the property being sold. The price to be paid for the property. The date of transfer. Disclosures. Contingencies. Signatures.
Florida Realtors/Florida Bar Residential Contract and Addenda. This form may be used for residential sale and purchase transactions. This is an as is contract form.
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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.

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