Real Estate Purchase Agreement Template - Idaho

An Idaho Real Estate Purchase Agreement is a formal document prepared and signed by Idaho residents who sell and buy real estate for commercial or residential purposes. This contract confirms the agreement of the parties, the seller and the purchaser, to transfer the ownership of the house, apartment, or another type of real estate, and provides proof of payment in case any disagreements about the valuable property arise in the future.

To compose a legally-binding document and cover all important points regarding the transaction, you need to identify both parties and state their addresses, list the financial terms of the deal, negotiate and put in writing the terms of the home inspection that must be carried out within a week or two, and include appliances and fixtures that the purchaser obtains along with the property.

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

To finalize the transfer of residential property, the seller must give the buyer the following documentation:

• Property Disclosure Form. Notify the prospective buyer about material flaws of the property - describe all current or potential issues;
• Lead Disclosure. Inform the purchaser about any surfaces or internal parts of the real estate that contain lead-based paint if the residence was built before 1978.