Contract of sale for real property

Other Names: Purchase and Sale Agreement Property Sales and Purchase Contract Real Estate Purchase and Sale Agreement Property Sale Contract Property Purchase Agreement

What we’ll cover

• About Property Sale Agreements
• Property Sale Agreement FAQs
• Property Sale Agreement checklist

What is a Property Sale Agreement?

A Property Sale Agreement is an agreement to sell property at a future date – the closing date – under certain terms. Property Sale Agreements will define the obligations of both parties when a piece of property is being sold and will get you one step closer to selling or buying property.

Also known as a Purchase and Sale Agreement, it will generally include details concerning the total purchase price of the property, closing costs, title requirements, and warranties. It can be made between many types of parties, including individuals, married couples, businesses and trusts.

Get started on your own Property Sale Agreement now – with Rocket Lawyer, all you have to do is answer a few simple questions and we will build the document for you.

When to use a Property Sale Agreement:

• You are ready to sell your property to an interested buyer and would like to outline the process for the sale until the closing date.
• You would like to purchase a property and want to enter into a formal agreement with the seller regarding the terms of the sale.
• You manage a real estate firm or are an agent.
• You're a bank manager specializing in mortgages.

Sample Property Sale Agreement

The terms in your document will update based on the information you provide

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