Sample Residential Sales Contract

  • 2 min read
  • Jul 19, 2020

If you are interested in selling your home, it is important to look at a sample residential sales contract before signing. This is the only way to determine whether or not a particular contract will work for your situation. A contract can be difficult to understand at times, but it will help the seller make better decisions in the end.

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It is a good idea to keep a few things in mind when looking at a contract. One of these factors is the “safe harbor” provision. The safe harbor provision states that a seller can offer the most reasonable and open-ended amount as a price for the property, provided the seller does not violate any provisions in the contract.

Another factor to keep in mind is the timeline of the sale. Although buyers will have an extensive amount of time to study a sales contract, it will still take time to complete the sale itself. It is important to make sure that the contract is fair to the seller during this process.

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Purchase Agreement Template Real Estate Purchase Agreement from sample residential sales contract, source:

Also, keep in mind that a residential sales contract should cover all terms of the sale. Some sellers will include language in the contract that they would like to have changed or addressed during the selling process. Be sure to include this information in the document, even if you do not want to include it in the final version.

Another area to be aware of is where the contract is located. Some contracts are offered for sale online or at a real estate office. In some cases, the contract will be offered for sale at the same location where the transaction takes place.

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It is also a good idea to use a lawyer to help you draft the contract. Be sure to ask a lawyer about his or her experience in drafting commercial and residential sales contracts, especially if you have never worked with a contract before. This person should be able to help you craft a contract that works for you and your needs.

Finally, be aware of how much time you have to work with the contract. It is important to consider how long the seller will need to review the document and be comfortable with it. This will also affect the contract’s length.

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Free Printable Real Estate Sales Contract Free Printable Land from sample residential sales contract, source:

It is possible to use a sample residential sales contract to help you sell your home. Be sure to have someone read it for you. After you have it in hand, work with a lawyer to develop a contract that works best for you and your needs.

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