Real Estate Purchase Agreement Template - Ohio

An Ohio Real Estate Purchase Agreement is a contract between parties who wish to sell, convey, or transfer real estate. This document contains a property description, a seller's representations and warranties, and real property taxes and adjustments that have to be paid.

Usually, this agreement includes the following sections:

1. Transaction Price. Provide the purchase price for the real estate, including an earnest money deposit and a closing balance.
2. Sale of Another Property Contingency. If necessary, indicate that the purchaser's obligations may depend on the sale and closing of the purchaser's other property.
3. Inspection. Indicate that a purchaser has a right to inspect the property, and should notify a seller about any unsatisfactory conditions found. In the case the seller is unable to fix them, the purchaser must be able to terminate the agreement and refund any previously paid amounts.
4. Possession of the Property. Specify when a seller will transfer exclusive possession of the property to a purchaser.

Ohio does not provide an official Real Estate Purchase Agreement for those looking to buy real estate. Make your own Ohio 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 residential properties built before 1978. Additionally, when selling a residential property, the seller will need to describe the condition of their property using a Property Disclosure Form (§ 5302.30). The completed form should be filled out by the seller and given to the buyer before the transaction can take place and a purchase agreement can be signed.