A California Real Estate Purchase Agreement is a contract between parties who wish to sell or transfer some real estate. This document states the order of actions to implement a purchase, and its terms and conditions. This agreement usually contains information about the parties, includes a property description, its purchase price, and closing costs that parties have to pay. Details of closing the transaction should be specified in the document.
The parties must indicate that a seller has to provide a buyer with all documents required by law to implement the purchase. For example, they must present a general warranty deed that transfers ownership of the real estate to a buyer and a certificate confirming that the seller's representations and warranties in the agreement are true and correct. Additionally, the contract must contain information about the governing law regulating it, the courts for resolving any disputes that may arise, and addresses for delivery of any notices.
The state of California does not provide an official Real Estate Purchase Agreement for those looking to buy real estate. Make your own California 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 Form is required for all residences built before 1978. Additionally, before a residential property can be sold, the seller must complete a Natural Hazard Disclosure Statement Form in accordance with the Natural Hazards Disclosure Act.