Contract For Sale Of Real Estate In Delaware: FREE To Download, Edit & Use

Welcome to our page dedicated to providing a straightforward and comprehensive Contract for Sale of Real Estate in Delaware. This contract has been meticulously prepared, keeping in mind all relevant legalities and guidelines surrounding the sale of real estate in this particular region. By downloading this contract, you can take advantage of a ready-to-use, editable version which you can tailor to suit your unique needs. Let us take the headache out of structuring a Delaware real estate sale agreement, and give yourself peace of mind knowing that it’s handled.

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REAL ESTATE PURCHASE AGREEMENT

THIS REAL ESTATE PURCHASE AGREEMENT (the “Agreement”) is entered into this __ day of ____, 20__ (the “Effective Date”), by and between ______ (the “Seller”) and ______ (the “Buyer”).

1. PROPERTY DESCRIPTION

The property to be sold pursuant to this Agreement is commonly known as ______, and legally described as ______ (the “Property”).

2. PURCHASE PRICE

The total purchase price for the Property (the “Purchase Price”) is ______. The Purchase Price shall be paid in cash, by certified check, or through other means as agreed upon by the parties.

3. DEPOSIT

Upon execution of this Agreement, Buyer shall deposit with a mutually acceptable escrow agent the sum of ______ (the “Deposit”).

4. INSPECTIONS

Buyer shall have the right, at its sole cost and expense, to inspect the Property. Such inspection shall include, but not be limited to, a thorough review of the physical condition of the Property, and all applicable zoning, environmental, and other laws and regulations affecting the Property.

5. TITLE AND DEED

Seller shall convey to Buyer good and marketable title to the Property by statutory special warranty deed, subject to normal easements, restrictions of record, and zoning laws.

6. CLOSING

The closing of the sale shall take place on or before ______ (the “Closing Date”) at the office of the escrow agent or at such other place as agreed upon by the parties.

7. POSSESSION

Seller shall deliver possession of the Property to Buyer at closing, free and clear of all tenancies and leases.

8. CONTINGENCIES

This Agreement is contingent upon Buyer obtaining a satisfactory home inspection report of the Property, a commitment for title insurance, and a mortgage loan for ______.

9. GOVERNING LAW

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

10. ENTIRE AGREEMENT

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. IN WITNESS WHEREOF, the parties have executed this Real Estate Purchase Agreement as of the Effective Date. ______________________________ _____________________________ Seller’s Name Buyer’s Name ______________________________ _____________________________ Seller’s Signature Buyer’s Signature ______________________________ _____________________________ Date Date

NOTARY ACKNOWLEDGEMENT

State of Delaware, County of ______, On this _______ day of ________, 20__, before me, a notary public, the undersigned officer, personally appeared ________, known to me (or satisfactorily proven) to be the person whose name is subscribed to the within instrument, and acknowledged that he/she executed the same for the purposes therein contained. In witness whereof, I hereunto set my hand and official seal. ______________________________ Notary Public [Notary Seal]

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If you’re interested in purchasing property in Delaware, you’ll require a Contract For Sale Of Real Estate In Delaware. This should be complemented with a comprehensive legal document like the Contract For Deed Template Delaware to ensure a smooth transaction. Alternatively, if you’re looking into leasing property, a Contract For Rental Property Delaware might be more suitable for your needs.
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