# Real Estate Purchase Agreement
**THIS REAL ESTATE PURCHASE AGREEMENT** (“Agreement”) is made and entered into on this ___ day of ____________, 20___, by and between:
**Seller:**
Name: _________________________________
Address: ______________________________
City, State, Zip: _______________________
Phone: ________________________________
Email: _________________________________
**Buyer:**
Name: _________________________________
Address: ______________________________
City, State, Zip: _______________________
Phone: ________________________________
Email: _________________________________
**Property:**
The property that is the subject of this Agreement (the “Property”) is located at:
Address: ______________________________
City, State, Zip: _______________________
Legal Description: ______________________
_______________________________________
**1. Purchase Price**
The total purchase price for the Property shall be $____________________ (the “Purchase Price”), payable as follows:
- Initial Deposit: $____________________ to be paid upon execution of this Agreement.
- Balance: $____________________ to be paid at closing.
**2. Closing Date**
The closing of the purchase and sale of the Property (the “Closing”) shall take place on or before the ___ day of ____________, 20___, at a mutually agreed upon location.
**3. Conditions Precedent**
This Agreement is subject to the following conditions:
- Buyer obtaining financing for the purchase of the Property.
- Buyer conducting and completing inspections of the Property to their satisfaction.
- Any other contingencies as outlined in Exhibit A attached hereto.
**4. Title and Conveyance**
At Closing, Seller shall deliver to Buyer a warranty deed conveying the Property free and clear of all liens, encumbrances, and defects, except as expressly provided in this Agreement.
**5. Representations and Warranties**
The Seller represents and warrants that:
- The Seller is the lawful owner of the Property and has the legal right to sell it.
- There are no pending or threatened legal actions affecting the Property.
- The Property will be sold in its present condition, "as-is".
**6. Default**
If Buyer fails to comply with the terms of this Agreement, Seller may retain the Initial Deposit as liquidated damages. If Seller fails to comply, Buyer shall be entitled to a refund of the Initial Deposit and may pursue any legal remedies available.
**7. Governing Law**
This Agreement shall be governed by and construed in accordance with the laws of the State of ___________.
**8. Entire Agreement**
This Agreement constitutes the entire understanding between the parties and may only be modified in writing, signed by both parties.
**9. Notices**
Any notice required to be given under this Agreement shall be in writing and shall be deemed delivered when sent via certified mail, return receipt requested, to the addresses listed above.
**IN WITNESS WHEREOF**, the parties hereto have executed this Real Estate Purchase Agreement as of the date first above written.
___
**Seller Signature**
_________________________
Date: ___________________
___
**Buyer Signature**
_________________________
Date: ___________________
**Exhibit A: Additional Contingencies**
1. ________________________________________
2. ________________________________________
3. ________________________________________
---
**Disclaimer:** This document is a sample template and may not cover all legal requirements for your specific situation. It is advised to consult with a legal professional before entering into any contractual agreement.