Real Estate Purchase Agreement Template - Arkansas

An Arkansas Real Estate Purchase Agreement is a document that states the order of actions to implement a real property purchase. This contract provides information about the parties, contains a property description and its purchase price, including an earnest money deposit amount and a closing balance. You may include the following sections in the agreement:

1. Vendor's Representations and Warranties. A vendor should confirm being the owner of the property record. They must be authorized to sell, convey, and transfer the property and guarantee the provision of a General Warranty Deed.
2. Information on Real Estate Taxes. Specify that all real property taxes and adjustments which are delinquent have to be paid at the closing of the transaction.
3. Governing Law. The terms of the contract should be governed by the laws of the State of Arkansas.
4. Disputes. Provide information about the courts where any disputes should be resolved.
5. Notices. Specify that notices provided to any party must be in writing.

The state of Arkansas does not provide an official Real Estate Purchase Agreement for those looking to buy real estate. Make your own Arkansas Real Estate Purchase Agreement via our online form builder or download a ready-made form through the link below.

A filled-out and notarized Lead Disclosure is required for all residences built before 1978. Additionally, Arkansas is a "buyer beware" or "caveat emptor" state. This means that the buyer agrees to take possession of the property on an "as-is" basis. There are no guarantees made by the seller.