In the buying and selling of real estate, most transactions involved a written contract between the Buyer and Seller. Said contract details the agreement between the parties.

The real estate contract typically concerns the following issues:

• Purchase Price
• Seller financed or cash in full at Closing
• Financing Contingencies
• Property and Environmental Inspections and Contingencies
• Other Due Diligence matters
• Review of lease agreements, if any
• Title Insurance
• Risk of Loss during Contract Term
• Transfer of Fee Simple Interest free and clear of liens and encumbrances
• Buyer and Seller Representations and Warranties
• Date of Closing
• Date of Possession
• The above is list is in no way exhaustive.

If you need legal representation in the drafting and negotiating a real estate contract, contact Michael J. Anthony, Esq.