Top Real Estate Contracts for Signature

Top Real Estate Contracts for Signature

When managing real estate transactions, having the right contracts signed is crucial for legality, clarity, and smooth operations. Here’s a list of the top real estate contracts commonly requiring signatures:

1. Purchase Agreement
   • Defines the terms and conditions of the property sale.
   • Includes purchase price, contingencies, closing date, and more.
2. Lease/Rental Agreement
   • Outlines the terms between landlord and tenant.
   • Covers rent amount, duration of lease, security deposit, and tenant obligations.
3. Listing Agreement
   • Contract between a property owner and a real estate agent.
   • Details the agent’s commission, listing price, and duration of the listing.
4. Property Management Agreement
   • Agreement between property owner and property manager.
   • Specifies management fees, responsibilities, and reporting requirements.
5. Offer to Purchase
   • Initial offer document submitted by a potential buyer.
   • Includes proposed purchase price and conditions of the sale.
6. Addendum
   • Additional document to a primary contract.
   • Used to add, modify, or clarify terms of the original agreement.
7. Amendment
   • Document that alters terms of an existing contract.
   • Used when both parties agree to make changes after the contract is signed.
8. Option to Purchase
   • Gives potential buyers the right to purchase property within a specific timeframe.
   • Often includes an option fee and specified purchase conditions.
9. Disclosure Statement
   • Provides details on the property’s condition and any known issues.
   • Required by law in many jurisdictions to inform buyers of property defects.
10. Escrow Agreement
    • Outlines the terms and conditions for funds held in escrow.
    • Includes details on the release of funds and responsibilities of the escrow agent.
11. Financing Addendum
    • Attached to the purchase agreement specifying financing terms.
    • Details loan amount, interest rate, and conditions of financing approval.
12. Homeowners Association (HOA) Agreement
    • Contract outlining the rules and regulations of the HOA.
    • Specifies dues, restrictions, and responsibilities of property owners within the community.
13. Inspection Contingency
    • Clause in the purchase agreement allowing for property inspection.
    • Includes details on how issues found during inspection will be handled.
14. Tenancy Termination Notice
    • Notice given to terminate a lease or rental agreement.
    • Specifies the end date and any conditions for moving out.
15. Short Sale Agreement
    • Agreement between seller, buyer, and lender for selling property at less than owed mortgage amount.
    • Includes terms approved by the lender for the sale.
16. Deed
    • Legal document transferring property ownership from seller to buyer.
    • Includes property description and names of the involved parties.
17. Bill of Sale
    • Document that transfers personal property within the real estate.
    • Used for items like appliances, furniture, or fixtures included in the sale.
18. Non-Disclosure Agreement (NDA)
    • Agreement to keep certain information confidential.
    • Often used in commercial real estate transactions.
19. Contract for Deed
    • Also known as a land contract, where the seller finances the property sale.
    • Buyer makes payments directly to the seller instead of obtaining a mortgage.
20. Settlement Statement
    • Detailed breakdown of all costs and fees associated with closing the real estate transaction.
    • Includes charges to both buyer and seller.

Using PropertyCard, you can easily manage and sign these essential real estate contracts, ensuring all parties are on the same page and transactions proceed smoothly.