Free Real Estate Purchase Agreement Template

Seller: [Full Name / Company Name]

Address: [Seller Address]

and

Buyer: [Full Name / Company Name]

Address: [Buyer Address]

"Together referred to as the \"Parties.\""

1. Property Description

The Seller agrees to sell, and the Buyer agrees to purchase, the real property located at: [Full Property Address]

2. Purchase Price

The total purchase price for the property is [Amount] ("Purchase Price"), to be paid as follows:

• Initial deposit (earnest money): [Amount]
• Remaining balance at closing: [Amount]

4. Closing Date

The closing shall take place on or before [Date], at a location agreed upon by the Parties or as required by the title company.

5. Closing Costs

• Seller: e.g., title insurance, transfer taxes
• Buyer: e.g., loan fees, appraisal, inspection

6. Property Condition and Inspection

The property is being sold:

7. Title and Deed

The Seller agrees to provide:

• Marketable title free of liens and encumbrances
• A general warranty deed or equivalent legal conveyance

8. Possession

Possession of the property shall be delivered to the Buyer:

9. Disclosures

The Seller has provided the following disclosures:

10. Default and Termination

If the Buyer defaults, the Seller may retain the earnest money as liquidated damages.

If the Seller defaults, the Buyer may seek a return of earnest money and/or specific performance.

11. Governing Law

This Agreement shall be governed by the laws of [State/Country] where the property is located.

12. Entire Agreement

This Agreement constitutes the entire understanding between the Parties and supersedes any prior agreements or negotiations.