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Copyright November 2014-Page 1 of 7 Contract to Purchase Adopted by the CINCINNATI AREA BOARD OF REALTORS DAYTON AREA BOARD OF REALTORS For exclusive use by REALTORS. This is a legally binding contract.

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How to fill out contract to purchase

01

Start by obtaining a blank contract to purchase form.

02

Read the contract carefully and understand all its terms and conditions.

03

Fill in the necessary personal information such as your name, address, and contact details.

04

Provide the details of the property being purchased, including its address and legal description.

05

Specify the purchase price and payment terms, including the amount of down payment and the schedule of installments.

06

Include any contingencies or special conditions that need to be met before the contract is binding.

07

Sign and date the contract, and have the seller or their representative do the same.

08

Make copies of the signed contract for all parties involved.

09

Submit the contract along with any required earnest money to the seller or their agent.

10

Consult with a real estate attorney or professional if you have any doubts or concerns during the process.

Who needs contract to purchase?

01

Anyone who is interested in purchasing a property needs a contract to purchase. This includes individuals who are buying residential properties such as houses or apartments, as well as businesses or investors who are acquiring commercial properties. It is important to have a legally binding contract in place to protect the rights and obligations of both the buyer and the seller during the property transaction.

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What is contract to purchase?

A contract to purchase is a legally binding agreement between a buyer and a seller outlining the terms and conditions of a property transaction.

Who is required to file contract to purchase?

The buyer and seller are both required to file the contract to purchase.

How to fill out contract to purchase?

The contract to purchase should be filled out accurately, including details such as the purchase price, deposit amount, closing date, and any contingencies.

What is the purpose of contract to purchase?

The purpose of a contract to purchase is to ensure that both parties understand and agree to the terms of the property transaction.

What information must be reported on contract to purchase?

The contract to purchase should include information about the property being sold, the parties involved, the purchase price, and any conditions of the sale.

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