[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"page-\u002Fcategories\u002Fproperty\u002Fproperty-purchase-agreement":3},{"type":4,"data":5},"product",{"product_name":6,"slug":7,"category_slug":8,"order_type":9,"product_version_slug":10,"preview":11,"is_previewable":12,"related_products":13,"related_articles":39,"breadcrumbs":72,"productName":6,"productDescription":-1,"productVersionSlug":10,"localeId":-1,"landerSlug":7,"categorySlug":8,"_cmsSource":78,"hero":79,"quickLinks":84,"page_body":97,"meta_information":219,"sidebar_ad":223,"disclaimer":82,"stateSlug":81},"Property Purchase Agreement","property-purchase-agreement","property","Document","ppa-2253","  <center><p class='title center'><strong>PROPERTY PURCHASE AGREEMENT<\u002Fstrong><\u002Fp><\u002Fcenter><br \u002F><br \u002F>  <p>This PROPERTY PURCHASE AGREEMENT (hereinafter referred to as the <strong>"Agreement"<\u002Fstrong>) is made and entered into on <span style='background: #BBBBBB;'>_____________<\u002Fspan>, by and between  (<strong>"Seller"<\u002Fstrong>) and  (<strong>"Buyer"<\u002Fstrong>) (Seller and Buyer are each a <strong>"Party"<\u002Fstrong> to this Agreement and are collectively the <strong>"Parties"<\u002Fstrong>).<\u002Fp>  <ol>    <li><strong>Purchase Agreement.<\u002Fstrong> Seller hereby agrees to sell and convey to Buyer, and Buyer hereby agrees to purchase from Seller, the property located at <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan> <span style='background: #BBBBBB;'>_____________<\u002Fspan> (the <strong>"Property"<\u002Fstrong>) including all buildings, improvements, and fixtures attached or located on the land other than those excluded herein and subject to all easements, protective covenants, rights-of-way, and mineral rights, if any, according to the terms and conditions contained herein.<\u002Fli>              <li><strong>Legal Description.<\u002Fstrong> Seller agrees to attach the Property's legal description to this Agreement, and such legal description is incorporated herein by reference.<\u002Fli>        <li><strong>Purchase Price.<\u002Fstrong> The total purchase price for the Property is <span style='background: #BBBBBB;'>_____________<\u002Fspan>. Buyer will pay <span style='background: #BBBBBB;'>_____________<\u002Fspan> (the <strong>"Earnest Money"<\u002Fstrong>) upon the execution of this Agreement and then pay the remaining  of the purchase price at closing.<\u002Fli>    <li><strong>Earnest Money and Other Deposits.<\u002Fstrong> Buyer swears and Seller acknowledges that upon the execution of this Agreement the Earnest Money will be deposited into an <strong>"Escrow Account."<\u002Fstrong> Any and all other deposits made will also be deposited into the Escrow Account. The Earnest Money is nonrefundable unless an exception herein applies.     <li><strong>Closing Date.<\u002Fstrong> Closing will occur on <span style='background: #BBBBBB;'>_____________<\u002Fspan> (the <strong>"Closing Date"<\u002Fstrong>), at which point Seller will transfer title to the Property to Buyer. However, either Party may unilaterally delay closing for any reason, but in no event will closing occur more than 30 days after the Closing Date specified herein unless both Parties agree to extend the Closing Date in writing. If closing is delayed or extended as permitted by this Agreement, the Closing Date for purposes of this Agreement will be the date on which closing actually occurs.<\u002Fli>    <li><strong>Delivery of Possession.<\u002Fstrong> On the Closing Date, Seller will deliver possession of the Property to Buyer unless the Parties agree to a different date in writing. Seller will maintain all insurance covering the Property until the Closing Date. Seller agrees to deliver the Property in substantially the same condition as its present state and that Buyer will have the opportunity to inspect the Property prior to the Closing Date. If the Property is not in substantially the same condition as its present state upon delivery, Buyer will have the right to either (a) have the Earnest Money and all other deposits refunded and cancel this Agreement, or (b) accept the Property in such condition and require Seller to pay for the repairs to restore the Property to its former condition. Should Buyer choose this second option, all such repairs must be completed no later than 45 days after the Closing Date, with Seller paying Buyer a $200 penalty for each additional day after the 45-day period that such repairs are not complete.<\u002Fli>    <li><strong>Closing Costs.<\u002Fstrong> The costs associated with closing this Agreement will be paid as follows:<\u002Fli>    <ol>      <li>Seller pays for any home loans and other debts on the Property not assumed by Buyer including any associated fees; for any judgments, tax liens, or other liens necessary to clear title; and for any recording charges for documents necessary to clear title.<\u002Fli>      <li>Buyer pays  the lender's title insurance premium, if applicable; for any new home loan charges or assumption of existing loan charges unless otherwise required by the lender; and for any costs associated with financing the purchase of the Property.<\u002Fli>      <li>Each Party pays for their own notary fee associated with signing this Agreement, if applicable.<\u002Fli>      <li>Each Party agrees to pay for all other cost associated with closing this Agreement in additional writing, if applicable.<\u002Fli>    <\u002Fol>    <li><strong>Escrow Account.<\u002Fstrong> A third-party trustee chosen by Buyer will manage the Escrow Account according to the terms of this Agreement. Any procedures followed by the Escrow Account manager must not conflict with the terms herein. The Escrow Account manager is hereby relieved and released of all liability in the event the close of this transaction and\u002For loan payoff is delayed pending clearance of such funds in accordance with standard banking practices.<\u002Fli>    <li><strong>Procedure at Closing.<\u002Fstrong> On the Closing Date, Buyer and Seller, the Escrow Account manager, and any other party required to be present will gather to execute the necessary documents, at which point the Escrow Account manager will distribute the funds in the Escrow Account to the appropriate parties and file the deed to the Property. Closing will not occur if any of the following conditions have not been met:<\u002Fli>    <ol>      <li>The purchase price, closing costs, and all other payments required herein are deposited into the Escrow Account;<\u002Fli>      <li>The deed to the Property and any other documentation needed to close the transaction are prepared and delivered to the necessary parties;<\u002Fli>      <li>The title company is ready to issue a title policy and, if title defects are preventing the title company from issuing the policy, closing will not occur unless Buyer chooses to waive such title defects in writing;<\u002Fli>      <li>Seller has repaired or removed all material defects on the Property prior to the Closing Date unless waived in writing by Buyer;<\u002Fli>      <li>All contingencies stated in this Agreement have been satisfied unless waived in writing; or<\u002Fli>      <li>All other conditions of closing stated in this Agreement or required by law are satisfied.<\u002Fli>    <\u002Fol>        <li><strong>Proration.<\u002Fstrong> Taxes, assessments, rents, and Homeowners' Association dues, if any, are to be prorated to Seller up to, but not including, the Closing Date. The Parties will coordinate with each other and the utility companies to ensure all utilities are transferred out of Seller's name and into Buyer's name on the Closing Date, including water, sewer, electric, and gas. Any utilities not transferred on the Closing Date will be prorated according to historical average usage for that month or otherwise according to the prior month's charges.<\u002Fli>    <li><strong>Title Requirements<\u002Fstrong><\u002Fli>    <ol>      <li><strong>Title Report.<\u002Fstrong> Upon executing this Agreement, Seller will order a title report and have it sent to Buyer. Buyer must notify Seller within 10 business days of any objections Buyer has to any existing title defects, including any encumbrance, easement, or other recorded restriction. Upon receiving notice of an objection to a title defect, Seller must cure the defect on or before the Closing Date. Seller may use money deposited from the purchase price to clear any title defect. If Seller fails to cure all defects objected to on or before the Closing Date, Buyer may choose to have the Earnest Money and all other deposits refunded and cancel this Agreement. Alternatively, Buyer may choose to continue the transaction by waiving any title defect in writing.<\u002Fli>              <li><strong>Title Insurance.<\u002Fstrong> Buyer agrees to purchase a standard form property owner's title insurance policy covering the amount of the purchase price for Buyer from a certified insurance company. Such policy will insure Buyer against any defect or encumbrance on the title to the Property other than those stated on the deed transferring title to Buyer.<\u002Fli>                <\u002Fol>    <li><strong>Buyer Contingencies<\u002Fstrong><\u002Fli>    <ol>                              <li><strong>Waiver of Contingencies.<\u002Fstrong> If Buyer so chooses, Buyer may waive any or all contingencies set forth herein by so stating in a signed writing.<\u002Fli>    <\u002Fol>    <li><strong>Seller Representations and Warranties<\u002Fstrong><\u002Fli>    <ol>      <li><strong>Marketable Title.<\u002Fstrong> Seller represents that it owns the Property in fee and has the authority and capacity to enter into this Agreement. Seller covenants to convey good and marketable title to the Property by general warranty deed that warrants that the Property is free of all title defects except those stated on the deed and waived by Buyer in writing. The deed will be deposited into the Escrow Account on or before the Closing Date.<\u002Fli>      <li><strong>Condition of Property.<\u002Fstrong> Unless otherwise agreed in writing, Seller represents and Buyer acknowledges and accepts that the Property is sold (a) "As Is" in the substantially similar physical condition as of the date of this Agreement, and (b) subject to all applicable Buyer's inspection, contingency, and due diligence rights herein.<\u002Fli>            <li><strong>Violations.<\u002Fstrong> Seller represents that it has not received notice from any government authority regarding any violation of any laws, ordinances, or codes in connection with the condition of the Property. If Seller learns of the existence of any such violation, Seller covenants to immediately notify Buyer.<\u002Fli>              <li><strong>Encroachments.<\u002Fstrong> With the exception of the following encroachments, Seller has no knowledge of the existence of any improvement encroaching on boundary lines of the Property: <span style='background: #BBBBBB;'>_____________<\u002Fspan> By signing this Agreement, Buyer acknowledges that Seller has recommended for Buyer to obtain a survey of the Property at Buyer's expense.<\u002Fli>            <li><strong>Environmental Threats.<\u002Fstrong> Seller represents that it has no knowledge of any existing or impending environmental threat that poses a substantial risk of significantly diminishing the value of the Property or that would impair Buyer's intended use of the Property such that it would be unconscionable for Seller not to disclose it. Examples of such threats include, without limitation, environmental hazards, toxic substances, endangered species, sinkholes, pollution, and pest problems.<\u002Fli>      <li><strong>Government Assessments.<\u002Fstrong> Local governments may periodically charge property owners an assessment for improvements that benefit their properties, such as sidewalks or sewers. Seller covenants to pay for any government assessments for municipal improvements completed on or before the Closing Date, and Buyer will pay any assessments for municipal improvements completed thereafter.<\u002Fli>      <li><strong>Mechanic's Liens.<\u002Fstrong> Seller covenants to pay off any existing mechanic's liens on the Property on or before the Closing Date and to ensure that any labor or materials furnished between the signing of this Agreement and closing will be paid for in full on or before Closing Date.<\u002Fli>              <li><strong>Foreign Investment In Real Property Tax Act (FIRPTA).<\u002Fstrong> Seller represents it is a foreign person or foreign corporation as defined by the Foreign Investment In Real Property Tax Act (FIRPTA), and, therefore, Buyer is required to comply with the withholding requirements of FIRPTA at closing.<\u002Fli>            <li><strong>Survival of Warranties.<\u002Fstrong> Seller's warranties in this section will continue through and survive the Closing Date, the completion of this Agreement, and the delivery of the deed and possession of the Property to Buyer.<\u002Fli>    <\u002Fol>    <li><strong>Seller Disclosures<\u002Fstrong><\u002Fli>    <ol>                                                                                                                                                                                                                                                                                    <li><strong>Local and State Ordinances.<\u002Fstrong> Buyer acknowledges and understands that real estate owners are legally required to abide by state and local ordinances and zoning restrictions and that it is Buyer's responsibility to ensure it is acting in compliance with the law regarding this Property.<\u002Fli>                  <li><strong>Lead Contamination.<\u002Fstrong> Buyer acknowledges and understands the following:<br>        EVERY PURCHASER OF ANY INTEREST IN RESIDENTIAL REAL PROPERTY ON WHICH A RESIDENTIAL DWELLING WAS BUILT PRIOR TO 1978 IS NOTIFIED THAT SUCH PROPERTY MAY PRESENT EXPOSURE TO LEAD FROM LEAD-BASED PAINT THAT MAY PLACE YOUNG CHILDREN AT RISK OF DEVELOPING LEAD POISONING. LEAD POISONING IN YOUNG CHILDREN MAY PRODUCE PERMANENT NEUROLOGICAL DAMAGE, INCLUDING LEARNING DISABILITIES, REDUCED INTELLIGENCE QUOTIENT, BEHAVIORAL PROBLEMS, AND IMPAIRED MEMORY. LEAD POISONING ALSO POSES A PARTICULAR RISK TO PREGNANT WOMEN. SELLER OF ANY INTEREST IN RESIDENTIAL REAL PROPERTY IS REQUIRED TO PROVIDE BUYER WITH ANY INFORMATION ON LEAD-BASED PAINT HAZARDS FROM RISK ASSESSMENTS OR INSPECTIONS IN SELLER'S POSSESSION AND NOTIFY BUYER OF ANY KNOWN LEAD-BASED PAINT HAZARDS. A RISK ASSESSMENT OR INSPECTION FOR POSSIBLE LEAD-BASED PAINT HAZARDS IS RECOMMENDED PRIOR TO PURCHASE.<\u002Fli>      <li><strong>Energy Conservation Retrofit and Thermal Insulation Disclosures.<\u002Fstrong> Federal law requires new home Sellers to disclose in every sales contract the type, thickness, and R-value of the insulation which has been or will be installed. However, if Buyer signs a sales contract before it is known what type of insulation will be installed, or if there is a change in the contract regarding insulation, Seller is required to provide the required information as soon as it is available.<\u002Fli>      <li><strong>Government Action and Restrictions.<\u002Fstrong> Buyer acknowledges and understands that it is Buyer's sole responsibility to investigate whether any existing, pending, or proposed government legislation, restriction, or action may affect the value of the Property or Buyer's intended use of the Property.<\u002Fli>    <\u002Fol>    <li><strong>Release of Dower.<\u002Fstrong> If not already a Party to this Agreement, Seller's spouse, if any, joins in signing this Agreement in order to give his or her consent to the release of any dower or other marital rights in the Property.<\u002Fli>    <li><strong>Risk of Loss.<\u002Fstrong> Seller assumes the risk of loss if the Property is destroyed or a material defect or other loss occurs between the date of this Agreement and the Closing Date. If Seller fails to restore the Property to its former condition, Buyer may choose to either (a) cancel this Agreement and have the Earnest Money and all other deposits refunded to the respective Parties, or (b) accept the Property with the loss and require Seller to pay or assign to Buyer any insurance proceeds payable to Seller as a result of such loss.<\u002Fli>    <li><strong>Cancelation of Agreement.<\u002Fstrong> If this Agreement is canceled as permitted by the terms herein, it will be deemed voided, with both Parties being fully released from performance, and neither Party will have any recourse against the other.<\u002Fli>    <li><strong>Default and Remedies.<\u002Fstrong> Upon Seller's default of this Agreement, Buyer will be entitled to either (a) cancel this Agreement and have the Earnest Money and all other deposits refunded to the respective Parties, or (b) pursue any remedy available by law or equity, including seeking specific performance. Upon Buyer's default of this Agreement, Seller will be entitled to either (a) cancel this Agreement, keep the Earnest Money as liquidated damages, and have all other deposits returned to the respective Parties, or (b) pursue any remedy available by law or equity, including seeking specific performance. In addition to any other relief that may be awarded, the prevailing Party of any action at law or in equity brought to enforce or interpret this Agreement will be entitled to reasonable attorneys' fees and costs.<\u002Fli>    <li><strong>Mediation and Arbitration.<\u002Fstrong> All claims or disputes related to the performances or interpretation of this Agreement that the Parties are unable to resolve themselves will be first submitted to a mediation services provider mutually acceptable to both Parties or otherwise through a mediator with the American Arbitration Association. If Parties are unable to resolve the claims or disputes themselves or through mediation, all claims or disputes will be resolved by neutral binding arbitration through an arbitration services provider mutually acceptable to both Parties or otherwise through the American Arbitration Association. Both Parties will share the costs of mediation and arbitration equally.<\u002Fli>    <li><strong>Deposit Procedure During Disputes.<\u002Fstrong> In the event of a claim or dispute related to the performances or interpretation of this Agreement, the party managing the Escrow Account will either (a) retain all deposits, including the Earnest Money, until the claim or dispute is resolved, (b) release any or all deposits, including the Earnest Money, if the Parties so agree to release the funds by written agreement, or (c) take any other action permitted or required by law or regulation regarding the deposits in the Escrow Account.<\u002Fli>    <li><strong>Accurate Purchase Price.<\u002Fstrong> The Parties agree that the purchase price paid by Buyer will be an accurate reflection of the true value of the Property at the time of closing. The Parties agree to disclose this to the Internal Revenue Service as required by law.<\u002Fli>    <li><strong>Further Assurances.<\u002Fstrong> The Parties agree to execute such further documents and do any and all such further things as may be necessary to implement and carry out the intent of this Agreement, including, without limitation, any documents or things that may be required by a third-party lender or title company.<\u002Fli>    <li><strong>Notices.<\u002Fstrong> Any notice, service of process, or demands required or permitted under this Agreement or under law will be deemed sufficiently given or served if sent by United States certified mail, return receipt requested, addressed as follows:      <br>      <br>              <strong>IF TO SELLER SEND TO:<\u002Fstrong> , <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan> <span style='background: #BBBBBB;'>_____________<\u002Fspan> <span style='background: #BBBBBB;'>_____________<\u002Fspan>            <br>      <br>      <strong>IF TO BUYER SEND TO:<\u002Fstrong> , <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan>, <span style='background: #BBBBBB;'>_____________<\u002Fspan> <span style='background: #BBBBBB;'>_____________<\u002Fspan>    <\u002Fli>        <li><strong>Miscellaneous Terms<\u002Fstrong><\u002Fli>    <ol>      <li><strong>Entire Agreement.<\u002Fstrong> This Agreement, including any attachments, addendums, exhibits, and amendments hereto, represents the entire and singular agreement between the Parties with respect to the matters herein stated, and any prior agreements, promises, or representations not included herein are void and of no effect.<\u002Fli>      <li><strong>Governing Law.<\u002Fstrong> The Parties agree and acknowledge that all provisions of this Agreement shall be governed by and construed in accordance with the laws of <span style='background: #BBBBBB;'>_____________<\u002Fspan> exclusively and without reference to principles of conflict of laws.<\u002Fli>      <li><strong>Assignment.<\u002Fstrong> This Agreement will be binding and inure to the benefit of the Parties, their personal representatives, successors, guardians, and assigns, but only to the extent that such assignment is permitted by the terms of this Agreement, if at all.<\u002Fli>      <li><strong>Survival.<\u002Fstrong> The terms of this Agreement that impose an obligation on either Party after the delivery of the deed to Buyer will continue to survive until satisfied.<\u002Fli>      <li><strong>Severability.<\u002Fstrong> If any provision of this Agreement shall be held to be invalid or unenforceable for any reason, that provision shall be considered removed from this Agreement; however, the remaining provisions shall continue to be valid and enforceable according to the intentions of the Parties. If a court finds that any provision of this Agreement is invalid or unenforceable, but that by limiting such provision it would become valid and enforceable, then such provision will be deemed written, construed, and enforced as so limited.<\u002Fli>      <li><strong>Force Majeure.<\u002Fstrong> Neither Party will be liable for any failure or delay in performing an obligation under this Agreement that results from causes or events beyond its reasonable control, including, without limitation, uncontrollable natural forces, war, labor or trade disputes, riots or civil unrest, or government action.<\u002Fli>      <li><strong>Joint and Several Liability.<\u002Fstrong> In the event two or more persons or entities are named as one Party to this Agreement, such persons' obligations and responsibilities will be joint and several.<\u002Fli>      <li><strong>Amendments.<\u002Fstrong> Any amendments, modifications, or additions to this Agreement must be expressly made in a writing signed by all Parties.<\u002Fli>      <li><strong>Time of Essence.<\u002Fstrong> Time is of the essence for this Agreement.<\u002Fli>      <li><strong>Construction.<\u002Fstrong> In this Agreement, the masculine, feminine, and neuter genders will be interpreted to include each other, as will the singular and plural. Headings used herein are for convenience only and will not be interpreted to give any meaning to their respective provisions.<\u002Fli>      <li><strong>Counterparts.<\u002Fstrong> This Agreement may be executed in counterparts, each of which will be deemed an original but considered part of one agreement.      <\u002Fol>    <\u002Fol>    <p><strong>The Parties have read this entire Agreement and hereby agree to fully perform all the terms and conditions in good faith. By signing this Agreement each Party swears that the information it has provided is true and accurate to the best of its knowledge and belief.<\u002Fstrong><\u002Fp>    <p>NOTICE: THIS IS AN IMPORTANT LEGAL DOCUMENT THAT CREATES BINDING OBLIGATIONS. CONSULT AN ATTORNEY IF YOU DO NOT UNDERSTAND THE TERMS OF THIS AGREEMENT.<\u002Fp>                  <div class='-page-break'><\u002Fdiv>                                                <div class='-page-break'><\u002Fdiv>      <center><p class='title center'><strong>Instructions for Your Property Purchase Agreement<\u002Fstrong><\u002Fp><\u002Fcenter><br \u002F><br \u002F>      <p>This Property Purchase Agreement contains everything you need to complete a strong contract for the purchase and sale of a piece of property. In addition to the standard provisions, this agreement allows you to customize the following terms:<\u002Fp>      <ul>        <li>What personal properties and fixtures the Seller will include in the sale<\u002Fli>        <li>The purchase price and earnest money deposit<\u002Fli>        <li>Whether or not the Buyer will be assuming any leases for tenancies that may exist on the property<\u002Fli>        <li>The Buyer's contingencies for the transaction to occur, including the type of financing (third-party lending, Seller financing, loan assumption, all cash deal, or other financing), whether an appraisal is required, and whether an inspection is required<\u002Fli>        <li>What repairs are agreed upon prior to closing, if any<\u002Fli>        <li>Any custom terms the parties want to add<\u002Fli>      <\u002Ful>      <p><strong>Completing the Agreement<\u002Fstrong><\u002Fp>      <p>Begin by entering the information for each party, including each party's names and address. If the Seller acquired the property being sold during marriage and the spouse is not already a Seller in the agreement, then that Seller's spouse must sign the spousal acknowledgment section where indicated. This section certifies that the spouse won't make any claim to the property in the future. <\u002Fp>              <p><strong>Attaching a Legal Description<\u002Fstrong><\u002Fp>        <p>If you choose not to enter a legal description directly in your deed, you will need to locate and print a copy of the legal description to attach to your agreement. You should be able to obtain the legal description of your property from the County Register or Recorder (often online). The legal description of your property may also be found on your land title, tax assessment information, or in your mortgage agreement.<\u002Fp>            <p><u>Buyer Contingencies<\u002Fu><\u002Fp>      <p>The Buyer contingencies are conditions that the Buyer requires to occur before the Buyer will close the deal. If a contingency is not satisfied, the Buyer will be entitled to cancel the agreement and receive a refund of the earnest money and any other deposits made. However, the Buyer always has the option to waive a contingency later on if it is no longer needed. The contingencies can be negotiated between the parties; however, the contingency options included with this agreement are all rather typical. The included contingency options are financing, appraisal, inspection, and property sale contingencies, and are each explained below.<\u002Fp>      <p>For the financing contingency, you will be given options to select whether the Buyer will receive financing for the property through a third-party lender, a mortgage assumption, seller financing, an all-cash transaction, or another form. This contingency states that the Buyer must first obtain sufficient financing prior to closing. Thus, if the Buyer is unable to obtain the necessary funds, the Buyer will have the right to back out of the deal and receive a refund of the earnest money and any other deposits. "Third-party lender" means financing by a traditional lending institution. "Mortgage assumption" means that the Buyer will assume the Seller's loan obligations by agreeing to pay for the outstanding loans on the property. "Seller financing" means that the Seller and Buyer will create a private loan agreement between themselves. "All cash" means the Buyer will fund the transaction itself, without financing. Note here that the funds do not have to actually be in cash form, as electronic wire transfers are usually accepted. Select "Other" to describe a different type of financing.<\u002Fp>      <p>The appraisal contingency, if selected, says that the property must be appraised at a value equal to or greater than the purchase price. If the appraisal is for less than the purchase price, the Buyer will have the option of either canceling the agreement and receiving a refund of the earnest money or renegotiating the purchase price. The agreement requires the appraisal to be carried out within 21 business days of signing this agreement. You will have the option of specifying which party will be required to pay for and obtain the appraisal.<\u002Fp>      <p>Similarly, the inspection contingency, if selected, says that a professional must inspect the property prior to closing. If the inspection isn't conducted by that time, or if the inspection occurs but reveals the existence of a material defect, then the Buyer will have the right to either cancel the agreement and receive a refund of the earnest money or require the Seller to repair the defect. The agreement requires the inspection to be carried out within 10 business days of signing this agreement.<\u002Fp>      <p><u>Required Repairs<\u002Fu><\u002Fp>      <p>Another important term you will specify is, even though the property is being sold in "as is" condition, whether or not the Seller will agree to perform any repairs. This includes anything on the property that has structural or mechanical problems or is in disrepair, including any problems with the foundation, walls, support structures, roof, water and electrical systems, plumbing, or mechanical systems. If listed here, the Seller will be required to repair these items. However, as usual, the Buyer can always waive the requirement for the Seller to make the repairs.<\u002Fp>      <p><strong>Executing the Agreement<\u002Fstrong><\u002Fp>      <p>To execute the agreement, the parties simply sign and date it in the presence of a notary or witnesses. Most states just require one notary to act as a witness. However, two witnesses are always required to sign property purchase agreements in <strong>Connecticut, Florida, Louisiana, and South Carolina<\u002Fstrong>. These states allow a notary to sign in the place of one of the witnesses. Note, in ANY state, lenders can still choose to require two witnesses to sign. The main requirements for witnesses are that they are 18 years or older and are disinterested from the transaction, meaning that they have no stake in the outcome and are not related to either of the parties by blood.<\u002Fp>      <p><strong>What are the Different Types of Dispute Resolution?<\u002Fstrong><\u002Fp>      <p>Court litigation is when a party files an action or claim in court and each side presents its case or defense in a trial for a judge or jury to determine a final outcome on the claim. The decision by the judge or jury is final and binding. Arbitration is when an arbitrator, a neutral third party selected by the parties, evaluates the dispute and determines a settlement. The decision by the arbitrator is final and binding. Mediation is when a mediator, a neutral third party selected by the parties, tries to facilitate a compromise and agreement. The decision by the mediator is nonbinding.<\u002Fp>      <p><strong>State and Federal Disclosure Requirements<\u002Fstrong><\u002Fp>      <p>For properties built before 1978 (i.e. pre-1978 property), federal law requires that the sellers and buyers of real estate sign a "<a href="https:\u002F\u002Fwww.epa.gov\u002Fsites\u002Fproduction\u002Ffiles\u002Fdocuments\u002Fselr_eng.pdf">Disclosure of Information on Lead-Based Paint<\u002Fa>." Sellers should keep the signed copy of this disclosure for at least three years.<\u002Fp>                                                                                                                                                                                                    \n\n",true,[14,18,21,24,27,30,33,36],{"product_name":15,"category":16,"link":17},"General Warranty Deed","Property","\u002Fcategories\u002Fproperty\u002Fgeneral-warranty-deed",{"product_name":19,"category":16,"link":20},"Property Deed","\u002Fcategories\u002Fproperty\u002Fproperty-deed",{"product_name":22,"category":16,"link":23},"Special Warranty Deed","\u002Fcategories\u002Fproperty\u002Fspecial-warranty-deed",{"product_name":25,"category":16,"link":26},"Roommate Agreement","\u002Fcategories\u002Fproperty\u002Froommate-agreement",{"product_name":28,"category":16,"link":29},"Real Estate Purchase Agreement","\u002Fcategories\u002Fproperty\u002Freal-estate-purchase-agreement",{"product_name":31,"category":16,"link":32},"Cohabitation Agreement","\u002Fcategories\u002Fproperty\u002Fcohabitation-agreement",{"product_name":34,"category":16,"link":35},"Deed of Trust","\u002Fcategories\u002Fproperty\u002Fdeed-of-trust",{"product_name":37,"category":16,"link":38},"Mortgage Agreement","\u002Fcategories\u002Fproperty\u002Fmortgage-agreement",[40,44,48,52,56,60,64,68],{"title":41,"description":42,"link":43},"3 Options to Avoid Foreclosure","One of the most unfortunate consequences of the recent real estate bubble is the dramatic increase in the foreclosure rate. A large number of foreclosures are a direct result of predatory lending practices, however an equally large number are...","\u002Fguides\u002F3-options-to-avoid-foreclosure",{"title":45,"description":46,"link":47},"Using a Promissory Note to Purchase a Home","Promissory Notes and Bank Loans The promissory note or promissory letter is a binding legal instrument that acts as a borrower's promise to repay a private loan to a lender. Many individuals have the perception that a promissory note is...","\u002Fguides\u002Fusing-a-promissory-note-to-purchase-a-home",{"title":49,"description":50,"link":51},"4 Foreclosure and Lender Procedural Requirements","A foreclosure is a serious legal proceeding in which the homeowner is in the process of having their home taken away from them. Because of this, courts generally pay a great deal of attention to foreclosure proceedings and make sure that all...","\u002Fguides\u002F4-foreclosure-and-lender-procedural-requirements",{"title":53,"description":54,"link":55},"Understanding When and How to Use a Deed of Trust","When buying real estate with borrowed money, or financing the sale of real estate you own, a deed of trust may be one of the required documents you will sign at closing. What Is a Deed of Trust? A deed of trust is a legal document that is the...","\u002Fguides\u002Funderstanding-when-and-how-to-use-a-deed-of-trust",{"title":57,"description":58,"link":59},"What Is a Warranty Deed?","Conveys Rights to Property from One Person to Another Deeds are an important legal document used to convey rights to property from one person to another. When a buyer purchases a piece of property, the written document that serves to affirm...","\u002Fguides\u002Fwhat-is-a-warranty-deed",{"title":61,"description":62,"link":63},"What You Need to Know about Deeds and Property Transfer","Real estate in the United States has a long history of being extremely valuable. Owning land was only for the wealthiest individuals in the early years of U.S. history. Unlike property that can move (possession is nine-tenths of the law after...","\u002Fguides\u002Fwhat-you-need-to-know-about-deeds-and-property-transfer",{"title":65,"description":66,"link":67},"5 Important Facts about Quit Claim Deeds","Deeds are legal instruments used to transfer real estate, and almost everyone will encounter a deed of some sort at one time or another. There are three main types of deeds: General warranty deeds Special warranty deeds Quit claim deeds The...","\u002Fguides\u002F5-important-facts-about-quit-claim-deeds",{"title":69,"description":70,"link":71},"Texas Quit Claim Deed: A Guide to Requirements, Forms, and Recording","A quit claim deed , sometimes called \"quitclaim\" deed, in Texas provides a straightforward method to transfer property ownership without warranties or guarantees about the title’s condition. Unlike a warranty deed, a quit claim deed does not guarantee clear title to the property, meaning the new owner receives whatever interest ...","\u002Fguides\u002Ftexas-quit-claim-deed-guide",[73,76],{"label":74,"link":75},"All Documents","\u002Flegal-documents",{"label":16,"link":77},"\u002Fcategories\u002Fproperty","payload",{"landerVariant":80,"headline":6,"headlineAccent":81,"subtitle":82,"legacySubtitleHtml":83,"checkmarkText":81,"desktopImage":81,"mobileImage":81,"desktopImageUrl":81,"mobileImageUrl":81,"ctaType":80,"ctaText":81,"ctaLink":81},"standard",null,"","A property purchase agreement helps you state all of the important details, including the full names of the parties, the location of the property, the purchase price, and any other specific promises of the parties. This contract is vital for solidifying the parties’ intentions and bringing the deal through to a closing. Use our property purchase agreement template to list all of the important terms in a real estate transaction between a buyer and seller.",[85,89,93],{"id":86,"name":87,"link":88},"6a15a267f13133005943ed42","How To","#illustrated_steps",{"id":90,"name":91,"link":92},"6a15a267f13133005943ed43","Help Guide","#help_guide",{"id":94,"name":95,"link":96},"6a15a267f13133005943ed44","FAQS","#faqs",[98,117,134,140,161,166,172,199,202],{"id":99,"headline":100,"blockName":81,"items":101,"blockType":114,"visibility":115},"6a15a267f13133005943ed49","When to use a property purchase agreement",[102,105,108,111],{"id":103,"text":104},"6a15a267f13133005943ed45","You need to set a purchase price for the sale of property",{"id":106,"text":107},"6a15a267f13133005943ed46","Clearly define the buyer's contingencies and any financing details",{"id":109,"text":110},"6a15a267f13133005943ed47","Decide whether or not the buyer will assume any leases or tenancies",{"id":112,"text":113},"6a15a267f13133005943ed48","To determine any repairs that need to be made before the sale is complete","checkmarks",{"hideOnMobile":116,"hideOnDesktop":116},false,{"id":118,"headline":119,"description":120,"extraButton":81,"extraButtonUrl":81,"blockName":81,"columns":121,"blockType":132,"visibility":133},"6a15a267f13133005943ed4c","Purchase or sell a property with confidence","Create a property purchase agreement tailored to your specific needs.",[122,127],{"id":123,"title":124,"legacyHtml":125,"illustrationHtml":126,"buttonText":81,"buttonLink":81,"hideButton":116},"6a15a267f13133005943ed4a","Define every detail","Make sure all parties in a purchase agreement have a clear understanding of all sale or property-related details. 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Most states just require one notary to act as a witness. 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194.394C272.576 194.513 272.439 194.594 272.287 194.622L270.277 194.857C270.37 197 269.738 199.113 268.483 200.853C268.434 200.946 268.364 201.026 268.277 201.086C268.191 201.147 268.091 201.185 267.987 201.199C267.819 201.215 267.651 201.166 267.518 201.061C267.386 200.957 267.299 200.805 267.276 200.637C267.252 200.466 267.296 200.293 267.4 200.155C268.558 198.665 269.169 196.822 269.129 194.935L261.893 195.783C261.502 199.698 260.288 201.427 257.75 201.72C255.212 202.014 252.974 200.018 252.53 196.925L251.571 197.042C251.419 197.042 251.272 196.988 251.155 196.89C251.038 196.793 250.959 196.657 250.932 196.507V196.507ZM260.647 195.94L253.718 196.749C254.057 199.209 255.714 200.663 257.548 200.448C259.264 200.239 260.242 199.3 260.647 195.933L260.647 195.94ZM262.063 194.635L269.051 193.819C268.705 191.281 267.041 189.807 265.136 190.028C263.381 190.237 262.415 191.248 262.063 194.635Z\" fill=\"#C5E184\"\u002F>\r\n\u003Cpath d=\"M251.703 143.234L238.54 233.025L281.793 239.366L294.956 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215.683 259.379 215.017C259.443 214.574 259.595 214.147 259.825 213.762C260.055 213.377 260.359 213.041 260.72 212.774C261.08 212.507 261.49 212.314 261.925 212.206C262.36 212.098 262.813 212.078 263.256 212.145Z\" fill=\"#DBDBDB\"\u002F>\r\n\u003Cpath d=\"M270.376 163.541C271.043 163.637 271.666 163.929 272.167 164.38C272.667 164.831 273.023 165.421 273.189 166.074C273.355 166.727 273.323 167.414 273.098 168.05C272.873 168.685 272.464 169.239 271.924 169.642C271.384 170.044 270.736 170.278 270.063 170.313C269.39 170.347 268.722 170.182 268.143 169.837C267.565 169.492 267.101 168.983 266.812 168.374C266.522 167.765 266.42 167.085 266.518 166.418C266.65 165.526 267.13 164.723 267.853 164.183C268.576 163.644 269.483 163.413 270.376 163.541Z\" fill=\"#78A247\"\u002F>\r\n\u003Cpath d=\"M253.137 152.349L254.02 146.331L260.026 147.211C259.911 148.001 259.642 148.76 259.234 149.446C258.826 150.132 258.286 150.73 257.646 151.208C257.007 151.685 256.279 152.031 255.505 152.227C254.732 152.423 253.927 152.465 253.137 152.349V152.349Z\" fill=\"#78A247\"\u002F>\r\n\u003Cpath d=\"M285.958 150.775L291.976 151.658L291.097 157.664C290.307 157.549 289.547 157.28 288.861 156.872C288.176 156.463 287.577 155.924 287.1 155.284C286.622 154.644 286.276 153.917 286.08 153.143C285.884 152.369 285.843 151.565 285.958 150.775V150.775Z\" fill=\"#78A247\"\u002F>\r\n\u003Cpath d=\"M256.216 189.589C256.254 189.438 256.344 189.306 256.471 189.216C256.598 189.126 256.753 189.085 256.908 189.099L257.921 189.249C258.287 187.622 259.133 186.143 260.349 185.002C260.424 184.908 260.521 184.834 260.631 184.787C260.742 184.74 260.862 184.721 260.982 184.733C261.153 184.762 261.305 184.857 261.405 184.998C261.505 185.139 261.546 185.314 261.517 185.484C261.508 185.568 261.482 185.65 261.44 185.724C261.398 185.797 261.342 185.861 261.274 185.912C260.212 186.861 259.447 188.096 259.071 189.469L266.157 190.503C267.527 186.777 269.208 185.37 271.683 185.736C274.367 186.131 275.932 188.658 275.575 191.831L277.525 192.117C277.675 192.155 277.806 192.244 277.897 192.37C277.987 192.496 278.029 192.649 278.017 192.803C277.979 192.953 277.89 193.085 277.764 193.175C277.638 193.265 277.485 193.307 277.331 193.295L275.329 193.002C274.864 195.096 273.707 196.973 272.044 198.329C271.973 198.407 271.884 198.466 271.785 198.502C271.686 198.537 271.58 198.549 271.476 198.535C271.309 198.507 271.159 198.416 271.058 198.281C270.957 198.146 270.913 197.976 270.934 197.809C270.955 197.637 271.043 197.481 271.179 197.374C272.683 196.235 273.75 194.613 274.2 192.78L266.991 191.727C265.6 195.407 263.98 196.763 261.452 196.389C258.925 196.016 257.28 193.508 257.652 190.406L256.695 190.271C256.548 190.231 256.42 190.141 256.332 190.017C256.244 189.892 256.203 189.741 256.216 189.589V189.589ZM265.747 191.555L258.844 190.543C258.535 193.007 259.759 194.841 261.586 195.108C263.298 195.35 264.486 194.696 265.748 191.549L265.747 191.555ZM267.452 190.661L274.413 191.682C274.736 189.141 273.51 187.286 271.613 187.007C269.863 186.755 268.669 187.482 267.452 190.661Z\" fill=\"#C5E184\"\u002F>\r\n\u003C\u002Fg>\r\n\u003C\u002Fsvg>\r\n","illustrated-steps",{"hideOnMobile":116,"hideOnDesktop":116},{"id":162,"headline":91,"description":81,"body":163,"buttonText":81,"buttonLink":81,"blockName":81,"blockType":164,"visibility":165},"6a15a267f13133005943ed52","\u003Cp>Our property purchase agreement contains everything you need to complete a strong contract for the purchase and sale of a piece of property. In addition to the standard provisions, this agreement allows you to customize the following terms:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>The type of seller or buyer, whether an individual, married couple, business entity, or trust\u003C\u002Fli>\n\u003Cli>What personal property the seller is agreeing to leave behind and which fixtures on the property the seller will be removing prior to closing\u003C\u002Fli>\n\u003Cli>The purchase price and earnest money deposit\u003C\u002Fli>\n\u003Cli>Whether or not the buyer will be assuming any leases for tenancies that may exist on the property\u003C\u002Fli>\n\u003Cli>The buyer's contingencies for the transaction to occur, including the type of financing (third-party lending, seller financing, loan assumption, all-cash deal, or other financing), whether an appraisal is required, whether an inspection is required, and whether this transaction is contingent on the sale of the buyer's home or other property\u003C\u002Fli>\n\u003Cli>What repairs are required prior to closing, if any\u003C\u002Fli>\n\u003Cli>Any custom terms the parties want to add\u003C\u002Fli>\n\u003C\u002Ful>\n\u003Ch4>Completing the Agreement\u003C\u002Fh4>\n\u003Cp>Begin by entering the information for each party, including the names, party type, and addresses. If the seller acquired the property being sold during marriage, then indicate the sellers are a married couple. This simply requires the seller's spouse to sign this agreement to show that the spouse will not make any claim to the property in the future.\u003C\u002Fp>\n\u003Ch4>Buyer Contingencies\u003C\u002Fh4>\n\u003Cp>Buyer contingencies are conditions that the buyer requires to occur before the buyer will close the deal. If a contingency is not satisfied, the buyer will be entitled to cancel the agreement and receive a refund of the earnest money and any other deposits made. However, the buyer always has the option to waive a contingency later on if it is no longer needed. The contingencies can be negotiated between the parties; however, the contingency options included in LegalNature's agreement are all rather typical. The included contingency options are financing, appraisal, inspection, and property sale contingencies, and are each explained below.\u003C\u002Fp>\n\u003Cp>For the financing contingency, indicate whether the buyer will receive financing for the property through a third-party lender, a mortgage assumption, seller financing, an all-cash transaction, or another form. This contingency states that the buyer must first obtain sufficient financing prior to closing. Thus, if the buyer is unable to obtain the necessary funds, the buyer will have the right to back out of the deal and receive a refund of the earnest money and any other deposits. \"Third-party lender\" means financing by a traditional lending institution. \"Mortgage assumption\" means that the buyer will assume the seller's loan obligations by agreeing to pay for the outstanding loans on the property. \"Seller financing\" means that the seller and buyer will create a private loan agreement between themselves. \"All cash\" means the buyer will fund the transaction itself, without financing. Note here that the funds do not have to actually be in cash form, as electronic wire transfers are usually accepted.\u003C\u002Fp>\n\u003Cp>The appraisal contingency says that the property must be appraised at a value equal to or greater than the purchase price. If the appraisal is for less than the purchase price, then the buyer will have the option of either cancelling the agreement and receiving a refund of the earnest money or renegotiating the purchase price. The agreement requires the appraisal to be carried out within 10 business days of signing this agreement. You should specify which party will be required to pay for and obtain the appraisal.\u003C\u002Fp>\n\u003Cp>Similarly, the inspection contingency says that a professional must inspect the property prior to closing. If the inspection is not conducted by that time, or if the inspection occurs but reveals the existence of a material defect, then the buyer will have the right to either cancel the agreement and receive a refund of the earnest money or require the seller to repair the defect. LegalNature's agreement requires the inspection to be carried out within 10 business days of signing the agreement.\u003C\u002Fp>\n\u003Cp>The last contingency option requires that the buyer sells the home or another property \u003Ca href=\"https:\u002F\u002Fwww.legalnature.com\u002Fguides\u002Fclosing-a-home-sale-what-to-expect\" target=\"_blank\" rel=\"noopener\">prior to closing\u003C\u002Fa>. If the sale of the buyer's property does not occur, then the buyer may choose to cancel the agreement and receive a refund of the earnest money.\u003C\u002Fp>\n\u003Ch4>Required Repairs\u003C\u002Fh4>\n\u003Cp>Another important term you will specify is whether or not the property is in need of any repairs. This includes anything on the property that has structural or mechanical problems or is in disrepair, including any problems with the foundation, walls, support structures, roof, water and electrical systems, plumbing, or mechanical systems. Unless the buyer agrees otherwise, the seller will be required to repair these items. However, as usual, the buyer can always waive the requirement for the seller to make the repairs.\u003C\u002Fp>\n\u003Ch4>Executing the Agreement\u003C\u002Fh4>\n\u003Cp>To execute the agreement, the parties simply sign and date it in the presence of a notary or witnesses. Most states just require one notary to act as a witness. Note, in ANY state, lenders can still choose to require two witnesses to sign. The main requirements for witnesses are that they are 18 years of age or older and are disinterested from the transaction, meaning that they have no stake in the outcome and are not related to either of the parties by blood.\u003C\u002Fp>\n\u003Ch4>State and Federal Disclosure Requirements\u003C\u002Fh4>\n\u003Cp>For properties built before 1978 (i.e. pre-1978 property), federal law requires that the sellers and buyers of real estate sign a \"Disclosure of Information on Lead-Based Paint,\" which is included for you. Sellers should keep the signed copy of the \"Disclosure of Information on Lead-Based Paint\" for at least three years.\u003Cstrong>\u003Cu>\u003Ca href=\"https:\u002F\u002Fwww.legalnature.com${stateSelectLink}\" target=\"_blank\" rel=\"nofollow noopener\">\u003C\u002Fa>\u003C\u002Fu>\u003C\u002Fstrong>\u003C\u002Fp>","help-guide",{"hideOnMobile":116,"hideOnDesktop":116},{"id":167,"style":168,"size":169,"blockName":81,"blockType":170,"visibility":171},"6a15a267f13133005943ed53","line","md","separator",{"hideOnMobile":116,"hideOnDesktop":116},{"id":173,"heading":174,"background":175,"blockName":81,"items":176,"blockType":197,"visibility":198},"6a15a267f13133005943ed59","Frequently Asked Questions","white",[177,181,185,189,193],{"id":178,"question":179,"answer":81,"legacyHtml":180},"6a15a267f13133005943ed54","What seller or buyer obligations does a property purchase agreement usually have?","\u003Cp>The buyer and seller will each need to fulfill their obligations under the purchase agreement and meet any other state law requirements. This could include some or all of the following items:\u003C\u002Fp>\n\u003Cul>\n\u003Cli>Title policy\u003C\u002Fli>\n\u003Cli>Appraisal\u003C\u002Fli>\n\u003Cli>Property inspections\u003C\u002Fli>\n\u003Cli>Seller disclosures (e.g. lead paint disclosure)\u003C\u002Fli>\n\u003Cli>Property repairs and updates\u003C\u002Fli>\n\u003Cli>Required permits\u003C\u002Fli>\n\u003Cli>Other buyer or seller contingencies (e.g. prior home sale, financing, etc.)\u003C\u002Fli>\n\u003C\u002Ful>",{"id":182,"question":183,"answer":81,"legacyHtml":184},"6a15a267f13133005943ed55","What is a property purchase agreement? ","\u003Cp>A property purchase agreement is a type of contract that dictates the terms of a sale between a buyer and a seller. Since each sale will have particular needs according to the property that is being transferred, the terms of a property purchase agreement must reflect the specific needs of the parties. For example, if the property being sold requires substantial repairs, the agreement would need to identify the party responsible for said repairs. \u003C\u002Fp>",{"id":186,"question":187,"answer":81,"legacyHtml":188},"6a15a267f13133005943ed56","How does a property purchase agreement benefit me? ","\u003Cp>A well-drafted property purchase agreement will benefit all parties. By allowing the parties to iron out the most important details of a sale, a property purchase agreement provides a reasonable amount of protection from unforeseen circumstances that can come up when buying or selling property, especially real estate. \u003C\u002Fp>",{"id":190,"question":191,"answer":81,"legacyHtml":192},"6a15a267f13133005943ed57","What warranties can a property purchase agreement have? ","\u003Cp>A property purchase agreement can contain a wide array of warranties, such as a \"No Litigation\" clause, a \"No Rent Control\" clause, and a \"No Other Agreements\" clause. That said, the agreement cannot waive state law requirements pertaining to mortgages and other financing issues. It's important that all of the parties fully understand all warranties and waivers before signing. \u003C\u002Fp>",{"id":194,"question":195,"answer":81,"legacyHtml":196},"6a15a267f13133005943ed58","What are some of the key elements of a property purchase agreement?","\u003Cp>Although all the clauses of a property purchase agreement should be thoroughly read and understood, some of the most important elements of this type of agreement include: \u003C\u002Fp>\n\u003Cul>\n\u003Cli>Closing costs\u003C\u002Fli>\n\u003Cli>Financing terms\u003C\u002Fli>\n\u003Cli>Possession date\u003C\u002Fli>\n\u003Cli>Down payment requirements \u003C\u002Fli>\n\u003Cli>Buyer contingencies\u003C\u002Fli>\n\u003Cli>Necessary repairs\u003C\u002Fli>\n\u003Cli>Grounds for termination\u003C\u002Fli>\n\u003C\u002Ful>","faqs",{"hideOnMobile":116,"hideOnDesktop":116},{"id":200,"style":168,"size":169,"blockName":81,"blockType":170,"visibility":201},"6a15a267f13133005943ed5a",{"hideOnMobile":116,"hideOnDesktop":116},{"id":203,"headline":204,"text":205,"image":206,"ctaText":81,"blockName":81,"blockType":217,"visibility":218},"6a15a267f13133005943ed5b","Start Your Property Purchase Agreement ","Complete your property purchase agreement in minutes with LegalNature's intuitive, step-by-step guidance.",{"id":207,"alt":81,"updatedAt":208,"createdAt":209,"url":210,"thumbnailURL":81,"filename":211,"mimeType":212,"filesize":213,"width":214,"height":215,"focalX":216,"focalY":216},210,"2026-07-24T10:46:14.235Z","2026-07-24T10:46:14.133Z","https:\u002F\u002Fs3.us-east-2.amazonaws.com\u002Fshared-cms-main-media.legalnature.com\u002Fgeneral-doc-image.jpg","general-doc-image.jpg","image\u002Fjpeg",369412,894,594,50,"get-started",{"hideOnMobile":116,"hideOnDesktop":116},{"title":220,"description":221,"keyword":6,"og_image":222},"Property Purchase Agreement | Create & Print | LegalNature","Draft a property purchase agreement that protects buyers and sellers. LegalNature's state-specific forms cover every key provision.","https:\u002F\u002Fs3.us-east-2.amazonaws.com\u002Fshared-cms-main-media.legalnature.com\u002FcCbiqr1rTCu2krzJRAUg.jpg",{"headline":81,"image":81,"imageUrl":81,"steps":224},[]]