Real Estate Purchase Agreement Template - Delaware

A Delaware Real Estate Purchase Agreement is a formal document signed by the seller and purchaser of the real estate situated in Delaware. This contract must outline the terms of the sale, including the description of the residential property, its price and date of payment, and the current condition of the house or apartment. Once the parties sign this agreement, the transfer of the property is considered complete, and the new owner receives the keys and may use the place at their discretion.

At the moment, there are no official forms that cover the purchase of real property in the state of Delaware. Make your own Delaware Real Estate Purchase Agreement via our online form builder or download a ready-made document through the link below.

All residential property owners must disclose material defects of the real estate known to them if they are planning to sell their house or apartment. To describe all permanent or temporary flaws of the building, you may use the Disclosure of Real Property Condition Report - this document will list all existing issues and potential problems that not only directly affect the value of the real estate, but also may jeopardize the health and safety of its inhabitants.

Note that if you sell a residential property built before 1978, you need to provide a notarized Lead Disclosure to the buyer - every seller must confirm whether or not the dwelling contains any lead-based paint.