Common Contracts
1 similar Residential Real Estate Sale Agreement contracts
The OREF Residential Real Estate Sale AgreementResidential Real Estate Sale Agreement • October 19th, 2020
The Residential Real Estate Sale Agreement form contains printed provisions applicable to most standard purchase and sale transactions. It is intended to become a legally binding document. Unwritten understandings or oral agreements affecting legal rights in real estate can be very difficult to enforce, so it is important to include all of the important terms of the transaction in this document. If you want to change or add other provisions to the Sale Agreement, it should be done by a written addendum to the document which is also signed and dated. You should obtain legal counsel if necessary. What follows is a short summary of a few of the important sections of the Sale Agreement. There may be other provisions which are not covered below that may affect your legal rights and duties. It is important to thoroughly read and understand the entire Sale Agreement before signing. This brochure is not a substitute for obtaining competent legal advice, if needed.
