Glen Ross

Purchase & Sale Agreement

Standard agreement template for real estate purchase transactions

Agreement Overview

Key Terms

  • Purchase price and payment terms
  • Property description and included items
  • Closing date and possession
  • Due diligence period
  • Contingencies and conditions
  • Representations and warranties

Important Sections

1. Property Description

Detailed description of the property being sold, including address, legal description, and any included/excluded items.

2. Purchase Price

The agreed-upon price and payment structure, including deposits and financing terms.

3. Due Diligence

Buyer's inspection rights and timeline for property investigation.

4. Closing

Closing date, location, and required deliverables from both parties.

Usage Instructions

  1. Review all terms carefully before using
  2. Fill in all bracketed information
  3. Consult with legal counsel before signing
  4. Ensure all exhibits and attachments are included

Disclaimer: This template is provided for informational purposes only and should not be considered legal advice. Please consult with qualified legal counsel before using this agreement.