Commercial Real Estate Purchase Agreement Template: FREE To Download, Edit & Use [DOCX PDF]

Commercial Real Estate Purchase Agreement Templates are used for facilitating the purchase and sale of commercial properties. Providing a comprehensive commercial property contract template, this page allows you to download, customize, and apply this practical real estate tool according to your unique requirements. Whether you’re looking for a sample real estate purchase agreement or a detailed commercial real estate sales contract template, explore our professional document designed to make your property acquisition seamless. Complete with all necessary provisions, our commercial real estate transaction forms can simplify your next big property deal. Plus, this business property purchase agreement template is available in a convenient Word format for immediate use.


This Commercial Real Estate Purchase Agreement (“Agreement”) is entered into by and between [Seller’s Name] (hereinafter referred to as “Seller”) and [Buyer’s Name] (hereinafter referred to as “Buyer”).


Seller agrees to sell and Buyer agrees to purchase all that parcel of land located at [Property Address], together with all improvements, fixtures, and appurtenances. The Legal Description of the Property is as follows: [Insert Legal Description].


The total purchase price to be paid by Buyer to Seller for the Property is [Price] US Dollars ($).


This Agreement is contingent upon Buyer obtaining a commercial real estate loan in the amount of [Loan Amount] at an interest rate not to exceed [Interest Rate]%.


Upon execution of this Agreement, Buyer shall deposit with an escrow agent the sum of [Deposit Amount] as earnest money deposit.


The closing of the purchase and sale of the Property shall occur on [Closing Date] at the offices of the escrow agent.


Seller shall deliver possession of the Property to Buyer at closing, free and clear of all occupants and personal property, unless otherwise agreed in writing.


Seller represents and warrants to Buyer that, to Seller’s knowledge, there are no hazardous substances on the Property.


[Insert any state specific disclosures, if applicable]


This Agreement is contingent upon the following conditions being satisfied or waived by Buyer: (a) satisfactory completion of Buyer’s due diligence, (b) Buyer’s obtaining financing, and (c) Seller’s delivery of good and marketable title.


All standard closing costs associated with this transaction shall be paid by [Seller/Buyer].


Seller shall indemnify and hold harmless Buyer from any and all claims, liabilities, damages, and costs arising from Seller’s ownership of the Property prior to closing.


This Agreement contains the entire agreement of the parties and there are no other promises, conditions, understandings or other agreements, whether oral or written, relating to the subject matter of this Agreement.


This Agreement shall be governed by and construed in accordance with the laws of the state of [State].


Each party to this Agreement has read and fully understands the terms and provisions of this Agreement, and has had the opportunity to consult with legal counsel of his or her own choosing. The parties have executed this Agreement as of the date first above written. _______________________________________
[Seller’s Name] _______________________________________
[Buyer’s Name] This is a sample agreement, and some terms may need to be modified to fit the specific needs of the parties involved. It is recommended to have a lawyer review or help draft any legal agreement.

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