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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.
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.
How do I create a Real Estate Purchase Agreement? Add general information. State what type of property is being sold. Establish the sale details. Set conditions for the sale. Describe the property. Provide buyer and seller details. Add final details. Outline tactics for conflict resolution.
Agents are responsible for putting together the final draft of a real estate purchase agreement for a house or other property. However, several parties are usually involved in creating the real estate contract, including the buyer, seller, real estate agents, and sometimes real estate attorneys.
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