Real Estate Purchase Agreement Template - Maine

A Maine Real Estate Purchase Agreement is a typed or handwritten document signed by the seller and the buyer of the real property. Whether you plan to use it for personal purposes or are going to lease it to businesses to make revenue, you need a bulletproof contract that will confirm the parties' intention to participate in the transfer of the real property, verify their identities, state the price of the house, apartment, office space, or land in question, indicate the date and method of payment, and list the contingencies that may bring the termination of the contract. Maine residents, individuals, and organizations alike, can use this agreement to outline their mutual rights and responsibilities regarding the real estate that is being transferred.

If you need to sell or buy real estate in Maine, you can make your own contract via our online form builder or download a ready-made form through the link below.

There can be additional requirements depending on the type of the transaction:

• If you sell residential property, you must provide the buyer with a Property Disclosure Statement to inform them about all defects of the premises and a Lead Disclosure that lists all surfaces or internal parts of the residence that contain lead-based paint (if the building was constructed before 1978);
• If you buy buildings or land from the Maine Department of Transportation, you will have to sign an official form - Real Estate Purchase Agreement, issued by the state authorities.