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COUNTEROFFER ADDENDUM This form approved by the North Dakota Association of REALTORS, which disclaims any liability out of use or misuse of this form. This form is only for use by licensed REALTORS

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How to fill out new construction purchase agreement

01

Gather all necessary information including names of buyers and sellers, property address, price and terms of sale.

02

Review the agreement carefully to ensure all details are accurate and complete.

03

Fill in all required fields including purchase price, earnest money deposit, closing date, and any contingencies.

04

Have all parties sign and date the agreement.

05

Make copies of the signed agreement for all parties involved.

Who needs new construction purchase agreement?

01

Buyers and sellers of newly constructed homes.

02

Real estate agents representing buyers or sellers of new construction properties.

03

Developers or builders selling newly constructed homes to buyers.

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What is new construction purchase agreement?

A new construction purchase agreement is a legally binding contract between a buyer and a builder or developer for the purchase of a newly constructed property.

Who is required to file new construction purchase agreement?

Typically, it is the buyer's responsibility to file the new construction purchase agreement, often required by local or state authorities.

How to fill out new construction purchase agreement?

To fill out a new construction purchase agreement, both parties need to provide details such as buyer and seller information, property address, purchase price, terms of sale, and any contingencies.

What is the purpose of new construction purchase agreement?

The purpose of a new construction purchase agreement is to outline the terms and conditions of the sale, protect the interests of both parties, and serve as a legal document should disputes arise.

What information must be reported on new construction purchase agreement?

The new construction purchase agreement must report information such as buyer and seller names, property description, sale price, financing details, and any special conditions or contingencies.

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