Contact : 617-595-3712         Boston Real Estate         realtyford@yahoo.com         fordrealty.net    

Boston Condos
Boston

Boston Rentals
New Listings
Waterfront
Foreclosure




Real Property Purchase Agreement

CONTRACT FOR PURCHASE OF RESIDENCE OR OTHER REAL ESTATE

THIS CONTRACT is made on the _____ day of ____________, 20__ by and
between ________________________________ (Seller) whose address is
________________________________________________________________and
________________________________ (Buyer) whose address is
______________________________________________________________________.

WHEREAS, Seller is the owner of the certain property located at
___________________________________________________________________ and
desires to sell said property to Buyer; and



WHEREAS, Buyer agrees to buy the property located at
____________________________________________________________________;


NOW, THEREFORE, THE PARTIES AGREE AS FOLLOWS:

1. The Seller agrees to sell and the Buyer agrees to buy the property
located at ___________________________________, and more particularly
described as follows:

consisting of the land and all the buildings, other improvements, and
fixtures on the land; and all of the Seller's rights relating to the
land.

2. Purchase Price. The terms upon which this offer is made are as follows:

Purchase price : ______________ dollars ($ )

Deposit upon signing of this contract: __________________ dollars ($ )

Amount of mortgage: ___________________ dollars ($ )

Balance to be paid at closing of title, by certified bank cashier's, or
attorney trust check (subject to adjustment at closing):
__________________________________________________________ dollars ($ )

Total: _______________________ dollars ($ )

3. Deposit Monies. All deposit monies will be held in a non-interest-
bearing trust account by ____________________________________ until
closing of Title.

4. Time and Place of Closing. Buyer and Seller agree that closing shall
take place on the _____ day of ____________, 20__. Buyer and Seller
further agree that time is of the essence. Closing will be held at
_______________________________________________________________________.

5. Transfer of Ownership. At the closing, the Seller will transfer
ownership of the property to the Buyer. The Seller will give the Buyer a
properly executed bargain and sale deed with covenants against grantors
acts and an Affidavit of Title.

6. Personal Property and Fixtures. All fixtures are included in this
sale unless they are listed below as being excluded.

The following items are EXCLUDED from this sale:

7. Physical Condition of the Property. This property is being sold "as
is." Seller does not make any claims or promises about the condition or
value of any of the property included in this sale. Buyer makes this
offer in full reliance upon his own independent investigation and
judgment. There are no verbal agreements, which modify or affect this
offer. The acceptance of a deed by Buyer shall be deemed to be the full
performance of every obligation on the part of Seller.

8. Repair Limitation. In no event will the Seller expend more than
_____________________________________________ dollars ($ ) for repairs.

9. Condition and Use of Property. Seller makes no representation as to
the condition of the property or that the premises comply with local,
county, state, or federal ordinances and statues. Buyer must obtain
certificates of occupancy and all other municipal certificates. Seller
will not provide the buyer with a Certificate of Occupancy, Lead Paint
Inspection, if applicable, or any other municipal certificate from the
municipality in connection with the transfer. Buyer is advised to
contact the municipality for any matters, which are of concern to him
prior to signing this contract. By signing this contract, Buyer has
made the necessary investigation concerning the obtainment of the
Certificate of Occupancy or any other municipal certificate required by
the municipality in a transfer of property within this municipality.

10. Risk of Loss. The Seller is responsible for any additional damage to
the property, except for normal wear and tear, until the closing of
title. If there is substantial damage, the Seller reserves the right to
cancel the contract and refund Buyer's deposit monies or to negotiate
the terms of the repairs with the Buyer.

11. Property Lines. The Seller does not have a survey for this premises
and makes no representation that all buildings, driveways, and other
improvements on the property are within its boundary lines or that no
improvements on adjoining properties extend across the boundary lines
of this property.

12. Ownership. The Seller agrees to transfer and the Buyer agrees to
accept ownership of the property free of all claims and right of others,
except for: recorded easements, _________________________.

13. Title Insurance. Buyer and Seller agree that Seller shall order a
title binder for the subject property from a title company authorized to
do business in the State of __________________ in order to ensure a
timely closing of subject property. Buyer shall pay for all costs
associated with these title charges except as indicated below. Seller's
attorney shall provide Buyer's attorney with appropriate information
regarding where title has been ordered. In the event that the subject
transaction does not close, through no fault of the Buyer, Seller shall
be responsible for all title charges.

14. Correcting Defects. If the property does not comply with Paragraphs
12 & 13 of this contract, the Buyer must notify the Seller and the
Seller will be given an additional ____ days to correct any defect. If
the property still does not comply after _____ days, Buyer or Seller may
cancel this contract. In the event that Seller's title is uninsurable,
then Seller's only obligation will be to refund Buyer's deposit.

15. Assessments for Municipal Improvements. Seller will pay all unpaid
assessments against the property for work completed before the closing.
If the improvement is not completed before the closing, then Buyer will
be solely responsible.

16. Adjustments at Closing. The Buyer and Seller agree to adjust the
following expenses as of the date of closing: municipal water and sewer
charges, real estate taxes, condominium dues, if applicable, and rents.
If the property is fueled by fuel oil, the Buyer will be responsible to
pay the Seller for any fuel that remains in the burner on the day of
closing. The Buyer and Seller may require that any person with a claim
or right affecting the property be paid off prior to closing.

17. Possession. Buyer shall receive possession at the closing of title.

18. Damages. If this offer is accepted by the Seller, and the Seller's
title is insurable and Buyer neglects or refuses to complete the
purchase of this property, and to execute and deliver all documents
required, then the Buyer will be held liable for any and all actual
damages caused to the Seller by such breach.

19. Completed Agreement. This contract is the entire and only agreement
between Buyer and Seller. This contract replaces and cancels any
previous agreements between the Buyer and Seller. This contract can only
be changed by an agreement in writing signed by both Buyer and Seller.

20. Parties Liable. This contract is binding upon Buyer and Seller and
all their heirs, successors and assigns.

21. Notices. All notices under this contract must be in writing. The
notices must be delivered personally or by certified mail, return
receipt requested to the other party at the address written in this
contract. Service of any notices to Buyer's attorney shall be deemed
as notice to Buyer.

22. Broker's Commission. The Seller agrees to pay a commission fee of
____ percent (% ) of the purchase price to ________________________
(Broker). This commission is not earned or to be paid until the title
has been transferred and the purchase price has been paid. This
commission will be paid at the closing, and taken out of the Seller's
proceeds. Buyer represents that he has not used the services of any
other broker than above named.

23. Assignability. This agreement shall not be assignable by the Buyer
without the Seller's written consent.

24. Offer to Purchase. This contract constitutes the Buyer's offer to
purchase the subject property. Acceptance of the Buyer's offer is
subject to Seller's review of the aforesaid document and shall be
evidenced by Seller's execution of same.

25. Legal Representation. Buyer acknowledges that Buyer has the right to
hire a lawyer to represent Buyer's interests in this transaction.





__________________________________ _____________________________________
Buyer Date



I accept and agree to be bound by the above contract.

___________________________________________ ____________________________

Seller Date

QUICK
SEARCH





INSTANT
HOME EVALUATION

Street :
City :
Zip Code :






FREE
DAILY UPDATES


  • Automated home searches
  • Favorite properties
  • Email updates
  • Foreclosure list
  • Recently reduced
  • Lots more!

  • Full Name :
    Email :
    Location :



    MARKET
    ANALYSIS


    FEATURED
    AREA LOCATIONS

      ADAMS

      ALLSTON

      AMERICAN LEGION HIGHWAY

      ANDERER

      ANDERER LANE

      APPLETON

      APPLETON STREET

      ARCADIA STREET

      ARLINGTON

      ASHMONT

      ASHMONT STREET

      ATLANTIC

      ATLANTIC AVE

      ATLANTIC AVENUE

      AVERY

      AVERY STREET

      BATTERY WHARF

      BAY STREET

      BEACON

      BEACON STREET

      BEAUFORT

      BEAUMONT STREET

      BEECH

      BELGRADE

      BELL

      BENNINGTON

      BIGELOW

      BLUE HILL

      BOLTON

      BORDER

      BOWEN STREET

      BOYLSTON

      BOYLSTON STREET

      BRADDOCK PARK

      BRAINERD

      BRIGHTON STREET

      BRIMMER

      BROAD

      BURROUGHS

      BURROUGHS STREET

      BURT STREET

      BYNNER

      BYRON

      CAUSEWAY

      CAUSEWAY STREET

      CHANNEL CENTER

      CHARLES

      CHARLESGATE

      CHARLES SOUTH

      CHARLES STREET

      CHELSEA

      CHESTNUT

      CHISWICK

      CHURCH

      CLARE

      CLARENDON STREET

      CLIFFORD

      COBDEN

      COFFEY

      COLGATE

      COLUMBUS

      COLUMBUS AVE

      COMMERCIAL

      COMMONWEALTH

      COMMONWEALTH AVENUE

      CONCORD STREET

      CONGRESS

      CONSTELLATION WHARF

      CUMMINS

      CUSHING AVENUE

      DENNY

      DIX

      DORCHESTER

      DORCHESTER AVENUE

      DWIGHT

      EAST

      EAST BROADWAY

      EAST EIGHTH STREET

      EAST FIRST

      EAST INDIA

      EAST SECOND

      EAST STREET

      EAST THIRD

      ELM

      EVANS

      E BROADWAY

      E BROOKLINE

      E EIGHTH

      E INDIA

      FAIRFIELD STREET

      FORBES

      FOX

      FULDA

      FULTON

      FULTON STREET

      GAINSBOROUGH

      GAINSBOROUGH STREET

      GARRISON

      GASTON

      GERRISH STREET

      GERTRUDE

      GLENWAY

      GOLD

      GOODALE

      GRANITE

      GREENOCK

      GREW AVENUE

      GROVE STREET

      HALLAM

      HAMPSTEAD

      HANCOCK

      HANCOCK STREET

      HANOVER STREET

      HARCOURT

      HARRISON

      HARVARD

      HAWTHORNE

      HENLEY

      HESSTON

      HOLYOKE

      HOUGHTON STREET

      HYDEPARK

      HYDE PARK

      IFFLEY

      INDIA

      IONA

      ISABELLA

      ITASCA

      I STREET

      JAMAICAWAY

      JULIAN

      JULLIAN

      KING

      KITTREDGE

      KITTREDGE STREET

      LAKE SHORE ROAD

      LANARK

      LAWN

      LEXINGTON

      LEYDEN

      LINDEN

      LONSDALE

      MAIN STREET

      MALLON

      MARCELLA STREET

      MARLBOROUGH

      MARLBOROUGH STREET

      MASSACHUSETTS AVENUE

      MAVERICK

      MCKONE STREET

      MENDELSSOHN

      MERCER

      MILL

      MITCHELL

      MOHAWK STREET

      MONADNOCK

      MONMOUTH STREET

      MONTMORENCI

      MONTVALE

      MONTVALE STREET

      MONUMENT SQUARE

      MOZART

      MSGR. LYDON

      MSGR PATRICK LYDON

      MT VERNON

      MURRAY HILL

      NATIONAL

      NEAREN

      NEPONSET

      NEPONSET AVE

      NEWBURY STREET

      NORTH BEACON

      NORTH BENNET COURT

      NORTH MARGIN

      N BEACON

      OLDFIELDS

      ORCHARD STREET

      ORLEANS STREET

      PARIS STREET

      PARK

      PARK STREET

      PAUL GORE

      PEMBROKE

      PERKINS

      PLYMPTON

      PORTER

      PORTSMOUTH STREET

      POTOMAC

      PRINCE

      PRINCETON

      PROVINCE STREET

      P STREET

      REVERE

      RIVER STREET

      ROWES WHARF

      RUTHVEN

      SACO

      SAGAMORE

      SAINT BOTOLPH

      SALEM

      SALEM STREET

      SARATOGA STREET

      SAWYER

      SAYBROOK

      SCHOOL STREET

      SEYMOUR

      SHAWMUT

      SHERIDAN

      SLEEPER

      SOUTH HUNTINGTON AVENUE

      SOUTH RUSSELL STREET

      SOUTH STREET

      SPOFFORD

      SPRING GARDEN STREET

      STUART

      STUART STREET

      SUDAN

      SUNSET HILL

      SYMMES STREET

      TAFTHILL

      TALBOT

      TELEGRAPH STREET

      TILESTON PLACE UNIT

      TILESTON STREET

      TORREY STREET

      TREMONT

      TRENTON

      TWOMEY

      TYNDALE

      VFW PARKWAY

      VICTORY

      VINTON STREET

      VIRGIL ROAD

      WALDEMAR AVENUE

      WARREN

      WASHINGTON

      WASHINGTON STREET

      WENHAM STREET

      WEST

      WESTGLOW

      WEST FIRST

      WHIPPLE AVE

      WHITHINGTON

      WIGET STREET

      WILLIAMS

      WILLOW

      WOODWARD STREET

      WORCESTER

      WORCESTER SQUARE

      WORMWOOD

      W BROADWAY

      W NEWTON STREET

      W SPRINGFIELD

      W THIRD STREET

      YARMOUTH





    Search

    Our Featured Properties
    Property Alert
    Foreclosure Alert
    Buyers

    Search MLS Listings
    Ready To Buy A Home?
    Home Ownership Basics
    How much can you afford?
    Choose a Neighborhood
    Mortgage Basics
    Sellers

    Set Your List Price
    How to Price Your Home
    Get the House Ready
    After the Open House
    Picking the Best Offer
    Negotiating to Yes
    Community

    Our Communities
    Resources
    Featured Communities
    Real Estate Blog
    Real Estate Library
    Real Estate Glossary
    Mortgage Calculators
    Local Links
    Financing

    Contact

    Contact Us
    About Us
    Blog