Purchase Agreement Template

What Is a Purchase Agreement?

A Purchase Agreement is a legal instrument prepared and signed by two parties - the seller and the buyer - to record the terms and conditions of the transfer of any property. Whether you are selling residential or commercial real estate, vehicles, jewelry, stocks, or other valuable items, you need to negotiate the deal and put it in writing to protect the interests of the former owner and the purchaser.

You can download a Purchase Agreement template through the link below. While each contract is different and parties are within their rights to modify it the way it suits them, at a minimum, your agreement should contain the names and addresses of the counterparts, describe the property to be transferred, state the price of the subject matter and the method of payment agreed upon by the parties, and include the date the transaction is finalized. Depending on the type of property you transfer, you may choose to obtain a notary seal to add an extra layer of protection to the contract - and do not forget to pay taxes in case your state laws require it.

Still looking for a particular template? Take a look at the related templates below:

• Business Sale Agreement Template;
• Stock Purchase Agreement Template;
• Installment Sales Contract Template.