Whether you are looking to purchase or sell real estate in Wyoming, this contract ensures your interests are protected under Wyoming’s contract law.
Feel free to download and edit this template according to your unique needs. With this readily available tool, you can confidently progress with your real estate sale or purchase in Wyoming.
REAL ESTATE PURCHASE AGREEMENTTHIS REAL ESTATE PURCHASE AGREEMENT (the “Agreement”) made and entered into this ____ day of _____, 20__ (the “Effective Date”), by and between _____________(the “Seller”), having a primary residence at _____________, and _____________(the “Buyer”), having a primary residence at _____________. WITNESSETH:
SECTION 1 – PROPERTY DESCRIPTIONThe Seller agrees to sell and the Buyer agrees to buy the property located at _____________ (the “Property”) in the County of _____________, State of Wyoming, and legally described as follows: _____________
SECTION 2 – PURCHASE PRICEThe total purchase price (the “Purchase Price”) for the Property is ______ U.S. Dollars ($______), payable as follows: _____________
SECTION 3 – DEPOSITUpon execution of this Agreement, Buyer shall deposit with an escrow agent mutually acceptable to both parties the sum of ______ U.S. Dollars ($______) as earnest money (the “Deposit”).
SECTION 4 – TITLE AND CONVEYANCEThe Seller shall convey to the Buyer a good and marketable title to the Property by Warranty Deed, free and clear of all liens and encumbrances, except for any easements, covenants, or restrictions of record.
SECTION 5 – CLOSING DATEThe closing of the sale of the Property (the “Closing”) shall take place on or before ______ at the office of the escrow agent, or at another time or place as may be mutually agreed upon by the parties.
SECTION 6 – INSPECTIONS AND DISCLOSURESThe Buyer shall have the right to inspect the Property in accordance with Wyoming State Law. The Seller shall provide the Buyer with any disclosures required by Wyoming State Law.
SECTION 7 – POSSESSIONPossession of the Property shall be delivered to Buyer at Closing, unless otherwise agreed in writing by both parties.
SECTION 8 – DEFAULTIn the event of default by either party, the non-defaulting party shall be entitled to all remedies available under Wyoming State Law.
SECTION 9 – GOVERNING LAWThis Agreement shall be governed by and construed in accordance with the laws of the State of Wyoming.
SECTION 10 – ENTIRE AGREEMENTThis Agreement contains the entire agreement between the parties and supersedes all prior negotiations, agreements, or understandings, whether oral or written. IN WITNESS WHEREOF, the parties have executed this Agreement as of the Effective Date. ___________________________ ___________________________ Buyer’s Name Seller’s Name ___________________________ ___________________________ Date Date
If you’re looking to purchase property in Wyoming, having a carefully prepared Contract For Sale Of Real Estate In Wyoming is a key part of the process. Once you own the property, you may decide to generate income through leasing. If so, be sure to also have a proper Contract For Rental Property Wyoming in place. In case you’re planning to offer seller financing, you might also need a Contract For Deed Template Wyoming that can be customized to fit your specific terms and conditions.