Bill of sale purchase agreementResidential Purchase and Sale Agreement • June 20th, 2021
Contract Type FiledJune 20th, 2021An Indiana residential purchase and sale agreement is a legally binding contract between a seller and buyer of residential real estate. This contract covers all elements of the sale of the property including price, property condition, inspections, closing terms, rights, and responsibilities of both parties, among other important terms. Both parties must sign the agreement but only after the seller has accepted the buyer’s offer and all terms have been agreed upon. The seller is also obliged to supply the buyer with a disclosure form outlining the various material defects and pertinent information pertaining to the property. Table of Contents Realtor Version Required Disclosures Commercial Property Indiana Assoc. of Realtors – Adobe PDF Required Disclosures Lead-Based Paint Disclosure – Houses built before the year 1978 may contain lead-based paint, therefore, sellers must disclose this information to all prospective buyers by completing this federally mandated form. Seller’s Residentia