Business OS
Legal AgreementsDue Diligence

Offer to Purchase Real Estate Property_Short Form

This template is a simplified Offer to Purchase Real Estate Property, suitable for initial proposals between a buyer and seller. It outlines the basic terms of a property acquisition.

Updated 15d ago
real estateoffer to purchasepropertyshort formacquisitiondue diligence

COMPANY LETTERHEAD

{{company_name}}

{{company_address}}

Phone: {{phone}}

Email: {{email}}

Website: {{website}}

OFFER TO PURCHASE REAL ESTATE PROPERTY

Date: {{date}}

To: {{seller_name}} (Seller)

Address: {{seller_address}}

From: {{buyer_name}} (Buyer)

Address: {{buyer_address}}

PROPERTY DESCRIPTION

The Buyer hereby offers to purchase the following described property (the "Property") from the Seller:

Street Address: {{property_address}}

Legal Description: {{legal_description}}

Property Type: {{property_type}} (e.g., Residential, Commercial, Land)

PURCHASE PRICE

The total purchase price for the Property is {{purchase_price_currency}} {{purchase_price_amount}} ({{purchase_price_words}}).

This price shall be paid as follows:

Deposit: A good faith deposit of {{deposit_currency}} {{deposit_amount}} ({{deposit_words}}) shall be paid to {{escrow_agent_name}} upon acceptance of this offer.

Balance: The remaining balance of the purchase price shall be paid at closing.

TERMS AND CONDITIONS

1. Closing Date: The closing of this transaction shall occur on or before {{closing_date}}.

2. Possession: Possession of the Property shall be delivered to the Buyer on {{possession_date}}.

3. Due Diligence Period: The Buyer shall have {{due_diligence_days}} calendar days from the date of acceptance of this offer to conduct all necessary inspections and due diligence. The Buyer may terminate this offer at any time during this period by providing written notice to the Seller.

4. Financing Contingency: This offer is contingent upon the Buyer securing financing on terms acceptable to the Buyer within {{financing_contingency_days}} days from the date of acceptance.

5. Property Condition: The Property is sold in "as-is" condition, subject to the Buyer's due diligence.

EXPENSES

1. Seller's Expenses: The Seller shall pay for {{seller_expenses}}.

2. Buyer's Expenses: The Buyer shall pay for {{buyer_expenses}}.

3. Prorations: Real estate taxes, rents, and other charges will be prorated as of the closing date.

ACCEPTANCE

This offer shall remain open for acceptance until {{offer_expiry_date}} at {{offer_expiry_time}} {{offer_expiry_timezone}}. If not accepted by the Seller within this period, this offer shall be deemed withdrawn.

GOVERNING LAW

This Offer and any disputes arising out of or in connection with the same shall be governed by and construed in accordance with the laws of {{governing_country}}.

SIGNATURES

_____________________________

{{buyer_name}} (Buyer)

Date: {{buyer_signature_date}}

_____________________________

{{seller_name}} (Seller)

Date: {{seller_signature_date}}

_____________________________

{{witness_name}} (Witness)

Date: {{witness_signature_date}}

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