Real Estate Purchase Agreement Template – US

Disclaimer

The content provided is intended solely as a general example for informational purposes related to property transaction agreements in the United States. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in real estate or contractual law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this example is the sole responsibility of the user, and we assume no liability for any errors, omissions, or consequences arising from its use without professional review.

Please be advised: This is a sample template of a Real Estate Purchase Agreement in the United States, intended solely for illustrative purposes. Specific terms may differ based on actual negotiations and applicable state laws.

Sample Real Estate Purchase Agreement (US)

Parties Involved:

Seller: John Doe Realty LLC
Address: 123 Main Street, Springfield, IL 62704

Buyer: Jane Smith
Address: 456 Elm Street, Springfield, IL 62705

Property Description:

The property subject to this agreement is located at 789 Maple Avenue, Springfield, IL 62703, including all improvements and fixtures as specified herein.

Purchase Price and Payment:

The total purchase price shall be $250,000, payable as follows: an earnest money deposit of $5,000 upon signing, with the balance due at closing, subject to adjustments and prorations as per the closing statement.

Contingencies:

This agreement is contingent upon the buyer’s satisfactory inspection, financing approval, and title clearance, all to be completed within specified timeframes.

Seller Responsibilities:

The seller warrants that the property is free of liens except as disclosed, and will deliver clear title at closing.

Governing Law:

This agreement shall be governed by the laws of the State of Illinois. Disputes shall be resolved in Springfield courts.

Additional Provisions:

• All representations and warranties shall survive closing.
• Both parties agree to execute all necessary documents to facilitate the transfer of ownership.
• This agreement constitutes the entire understanding between the parties.

Springfield, ______________________