Real Estate Agreement Package

REAL ESTATE AGREEMENT PACKAGE

Parties

Buyer Name:

Seller Name:

Property Identification

Financial Terms

Purchase Price: $

Earnest Money Deposit: $ payable to Escrow Agent:

Earnest Money Due By (MM/DD/YYYY):

Financing & Contingencies

Mortgage Financing Contingency Required: Yes No

If yes, Buyer shall apply for financing in good faith and provide written lender commitment by (MM/DD/YYYY):

Inspection & Due Diligence

Inspection Period (number of days after Effective Date):

Buyer shall have the right to conduct inspections and deliver written notice of objection by (MM/DD/YYYY):

Remedies for unsatisfactory inspection: Seller may elect in writing to cure notified defects within a commercially reasonable time or Buyer may terminate and receive return of earnest money as sole remedy.

Closing & Possession

Anticipated Closing Date (MM/DD/YYYY):

Possession Date (MM/DD/YYYY):

Title Insurance: Buyer Seller

Allocations & Prorations

Closing Costs: The parties agree that customary closing costs shall be allocated as follows: Seller pays ; Buyer pays .

Real property taxes, HOA fees and rents shall be prorated as of the Closing Date in customary fashion unless otherwise agreed in writing.

Disclosures

Lead-Based Paint Disclosure: Yes No

Mold / Water Intrusion Disclosure: Yes No

Prior Structural Damage or Repair (fire, flood, earthquake): Yes No

Representations, Warranties & Covenants

Seller represents and warrants that Seller has authority to sell the Property, that to Seller's knowledge there are no undisclosed material defects, no latent environmental hazards, and no legal impediments to conveyance other than recorded matters disclosed to Buyer in writing prior to Closing. Seller covenants to deliver marketable title free of liens, except for those matters agreed in writing.

Buyer represents that Buyer has examined the Property to Buyer’s satisfaction and will complete funding and closing in accordance with the financing contingency and timeline set forth above.

Default, Remedies & Indemnification

If Buyer defaults, Seller may retain earnest money as liquidated damages or pursue specific performance. If Seller defaults, Buyer may elect to receive return of earnest money and pursue damages or specific performance. The prevailing party in any dispute shall be entitled to recover reasonable attorneys’ fees and costs incurred in enforcement of this Agreement, to the extent permitted by law.

Each party agrees to indemnify and hold the other harmless from claims arising out of that party's breach or negligent acts related to this Agreement, except to the extent caused by the indemnified party's own negligence or willful misconduct.

Notices

General Provisions

Governing Law: This Agreement shall be governed by and construed in accordance with the laws of the State of . Venue for any action arising out of this Agreement shall be in the appropriate state or federal court in that state.

Entire Agreement: This Agreement, together with any attached addenda, exhibits, and written amendments, constitutes the entire agreement between the parties regarding the transaction and supersedes all prior negotiations, discussions, and agreements.

Amendment: Any amendment to this Agreement must be in writing and signed by both parties. No oral modifications shall be effective.

Brokerage

Each party represents that there are no other brokers or agents entitled to compensation for procuring this transaction except those disclosed below. Commission and broker compensation, if any, shall be paid in accordance with a separate written agreement and shall be the responsibility of .

Addenda & Attachments

The following documents are incorporated by reference as part of this Agreement: Purchase Addendum, Seller Property Disclosure, Lead-Based Paint Addendum (if applicable), Title Commitment, and any Seller-provided repair invoices or receipts.

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