Whether you’re a first-time home buyer or an experienced realtor,
our contract provides a secure framework to simplify your property transactions.
REAL ESTATE PURCHASE AGREEMENTThis Real Estate Purchase Agreement (“Agreement”) is entered into as of the (Insert Date) (“Effective Date”), by and between (Insert Seller’s Full Legal Name), having his/her principal place of residence at (Insert Seller’s Full Address) (“Seller”) and (Insert Buyer’s Full Legal Name), having his/her principal place of residence at (Insert Buyer’s Full Address) (“Buyer”).
PROPERTYSeller agrees to sell, and Buyer agrees to buy the property, improvements and fixtures located at (Insert Property Full Address) (“Property”).
PURCHASE PRICEThe purchase price for the Property is (Insert Purchase Price in Words and Numbers) Dollars ($____), payable as follows: (Insert Payment Terms).
CLOSING DATEThe closing of the sale shall take place on (Insert Closing Date), unless mutually agreed upon in writing by both parties.
TITLE AND DEEDSeller shall provide Buyer with a duly executed Warranty Deed conveying the Property free and clear of all liens, encumbrances, and defects in title except as otherwise provided in this Agreement.
DISCLOSURESeller has disclosed to Buyer all material facts regarding the physical condition of the Property known to Seller. Nothing in this Agreement shall be construed to prevent any party from disclosing any fact that such party is required by law to disclose.
INSPECTIONS AND REPAIRSBuyer shall have the right, at Buyer’s expense, to have the Property inspected. Seller shall allow Buyer and Buyer’s agents access to the Property at reasonable times for the purpose of such inspections.
DEFAULTIf Buyer fails to comply with this Agreement, then Seller may retain, as liquidated damages, the earnest money deposit. If Seller fails to comply with this Agreement, then the earnest money deposit shall be refunded to Buyer.
GOVERNING LAWThis Agreement shall be governed by and construed in accordance with the laws of the state of Georgia.
ENTIRE AGREEMENTThis Agreement constitutes the entire agreement of the parties and supersedes all prior or contemporaneous agreements, representations, or understandings of the parties.
SIGNATURESSeller: ______________________________ ________ (Insert Seller’s Legal Name) Date Buyer: ______________________________ ________ (Insert Buyer’s Legal Name) Date This Contract is not intended to provide legal advice and should be reviewed by an attorney before signing. This Contract contains binding legal obligations. If you do not understand the terms, consult with a legal advisor.
If you’re looking to purchase property in Georgia, it’s important to have a well-drafted contract. You may want to consider using our Contract For Sale Of Real Estate In Georgia. If you’re more interested in leasing or renting, then our Contract For Rental Property Georgia could be a great fit. And if you’re interested in an alternative method of property transfer, we also have a Contract For Deed Template Georgia available.