Legal Contracts Software Generator - Legal Contract Agreement Template for House Closing

# House Closing Agreement **This House Closing Agreement ("Agreement") is made and entered into on this [Date] by and between:** **Seller:** Name: [Seller's Full Name] Address: [Seller's Address] Email: [Seller's Email] Phone: [Seller's Phone Number] **Buyer:** Name: [Buyer's Full Name] Address: [Buyer's Address] Email: [Buyer's Email] Phone: [Buyer's Phone Number] **Property Description:** The property that is the subject of this Agreement is located at: [Property Address] [Legal Description of Property] --- ### 1. Purchase Price The total purchase price for the Property shall be [Purchase Price in words] ([Purchase Price in numbers]). ### 2. Earnest Money Deposit Buyer shall deposit an earnest money amount of [Earnest Money Amount] within [Number] days from the execution of this Agreement. This deposit will be held in escrow by [Escrow Agent's Name] and will be applied to the purchase price at closing. ### 3. Closing Date The closing of the sale of the Property shall occur on or before [Closing Date], unless otherwise agreed upon in writing by both parties. ### 4. Contingencies This Agreement is contingent upon the following: - A satisfactory home inspection report by a licensed inspector. - The Buyer securing financing within [Number] days from the date of this Agreement. - Any additional contingencies as agreed upon by both parties. ### 5. Title and Conveyance - The Seller shall provide a good and marketable title to the Property, free from any encumbrances, except for those disclosed in this Agreement. - The Seller agrees to convey the Property to the Buyer via a warranty deed at closing. ### 6. Closing Costs The closing costs, including but not limited to title insurance, escrow fees, and recording fees, shall be paid as follows: - Seller shall pay: [List of Seller's Responsibilities] - Buyer shall pay: [List of Buyer's Responsibilities] ### 7. Possession Possession of the Property shall be delivered to the Buyer on the day of closing unless otherwise agreed upon in writing. ### 8. Default In the event the Buyer fails to perform their obligations under this Agreement, the earnest money may be retained by the Seller as liquidated damages. If the Seller fails to perform, the Buyer may seek the return of their earnest money and may pursue any legal actions as deemed necessary. ### 9. Governing Law This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. ### 10. Entire Agreement This Agreement represents the entire understanding between the parties and supersedes all prior negotiations, representations, or agreements, either written or oral. --- **IN WITNESS WHEREOF, the parties have executed this Agreement as of the date first written above.** **Seller:** _______________________________ [Seller's Signature] Date: ________________________ **Buyer:** _______________________________ [Buyer's Signature] Date: ________________________ --- ### Notary Acknowledgment State of [State] County of [County] This instrument was acknowledged before me on [Date] by [Seller's Full Name] and [Buyer's Full Name]. _______________________________ Notary Public My Commission Expires: _______________ --- **Note:** This is a template for a House Closing Agreement. Please consult with a legal professional to ensure compliance with local laws and regulations.