Ƶ

Real Estate Sellers Agreement for the United States

Real Estate Sellers Agreement Template for United States

A Real Estate Sellers Agreement is a legally binding contract used in the United States that outlines the terms and conditions for the sale of real property. It details the rights and obligations of both seller and buyer, including purchase price, closing conditions, contingencies, and property specifications. The agreement must comply with federal regulations such as the Fair Housing Act and RESPA, as well as applicable state and local real estate laws.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Real Estate Sellers Agreement

Let Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Real Estate Sellers Agreement?

The Real Estate Sellers Agreement serves as the primary document governing property sales transactions in the United States. This agreement is essential when any real estate property is being transferred from one party to another, whether residential or commercial. It includes crucial elements such as property description, purchase price, closing terms, contingencies, and representations about the property's condition. The document must adhere to federal regulations including the Fair Housing Act and RESPA, while also complying with state-specific real estate laws and local ordinances. The agreement protects both parties' interests by clearly defining their rights, responsibilities, and remedies.

What sections should be included in a Real Estate Sellers Agreement?

1. Parties: Identification and details of seller and buyer

2. Background: Context of the sale and property description

3. Definitions: Key terms used throughout the agreement

4. Property Description: Detailed description of the property being sold, including address, legal description, and boundaries

5. Purchase Price: Amount and payment terms, including deposit requirements and payment schedule

6. Closing Terms: Timing and conditions for closing, including closing date and delivery of possession

7. Representations and Warranties: Seller's statements about the property condition, title, and authority to sell

8. Covenants: Ongoing obligations of the parties until closing

9. Default and Remedies: Consequences of breach by either party

10. Governing Law: Jurisdiction and applicable law governing the agreement

What sections are optional to include in a Real Estate Sellers Agreement?

1. Financing Contingency: Terms and conditions related to buyer's obligation to obtain financing

2. Home Inspection Contingency: Buyer's right to inspect property and terminate based on findings

3. Sale of Existing Home Contingency: Conditions related to buyer's need to sell their current property

4. FIRPTA Provisions: Required provisions if seller is a foreign person under FIRPTA

What schedules should be included in a Real Estate Sellers Agreement?

1. Schedule A - Property Disclosure Statement: Detailed disclosure of property condition and known issues

2. Schedule B - Title Documents: Property ownership and encumbrance documentation

3. Schedule C - Inventory of Fixtures and Fittings: List of items included/excluded from sale

4. Schedule D - Lead-Based Paint Disclosure: Required disclosure for properties built before 1978

5. Schedule E - Property Survey: Current survey of the property boundaries and improvements

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

United States

Publisher

Ƶ

Document Type

Vendor Agreement

Cost

Free to use
Clauses






























Industries

Fair Housing Act: Title VIII of Civil Rights Act of 1968 - Prohibits discrimination in real estate transactions based on race, color, religion, sex, national origin, familial status, or disability

RESPA: Real Estate Settlement Procedures Act - Governs real estate settlement processes and requires disclosure of certain settlement costs

TILA: Truth in Lending Act - Requires disclosure of credit terms and costs in real estate transactions

FIRPTA: Foreign Investment in Real Property Tax Act - Applies to transactions where the seller is a foreign person, requiring specific tax withholding and reporting

State Real Estate Laws: State-specific legislation governing property rights, transfer requirements, disclosure requirements, and licensing requirements

State Contract Laws: State-specific contract legislation including Statute of Frauds requirements and rules for contract formation and enforcement

Local Regulations: Municipal and county-level requirements including zoning laws, property transfer requirements, and local tax regulations

Lead-Based Paint Disclosure: Federal requirement for disclosure of lead-based paint hazards in properties built before 1978

State Disclosure Requirements: State-mandated disclosures about property condition, defects, and other material facts that could affect property value

Broker Regulations: State and federal regulations governing real estate broker conduct, commissions, and responsibilities

Title Insurance Requirements: State-specific requirements for title insurance and title search procedures

Recording Requirements: State and local requirements for recording property transfers and related documents with appropriate government offices

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Exclusive Vendor Contract

A U.S.-governed agreement establishing exclusive rights between a supplier and purchaser for specific products or services.

Download

Retail Vendor Contract

A U.S.-governed agreement establishing terms between product suppliers and retailers, covering supply, pricing, and quality standards.

Download

Boutique Vendor Contract

A U.S.-governed agreement establishing terms between boutique retailers and their product vendors.

Download

Catering Vendor Contract

A U.S.-governed agreement establishing terms between catering providers and clients, covering service delivery, safety compliance, and payment terms.

Download

Software Vendor Contract

A U.S.-governed agreement establishing terms for software licensing, implementation, and usage between vendors and customers.

Download

Prime Vendor Agreement

A U.S.-governed agreement establishing terms between a primary supplier and buyer for goods or services delivery.

Download

Food Truck License Agreement

A U.S. legal agreement establishing terms and conditions for food truck operations at specified locations, including regulatory compliance and operational requirements.

Download

Vendor Buy Back Agreement

A U.S.-governed agreement establishing terms for a vendor to repurchase previously sold goods from a buyer.

Download

Preferred Vendor Contract

A U.S.-governed agreement establishing preferential terms between a supplier and purchasing organization, including special pricing and service arrangements.

Download

Vendor Booth Rental Agreement

A U.S. legal agreement establishing terms for temporary booth rental between venue owners and vendors at events or markets.

Download

Food Truck Space Lease Agreement

A U.S. legal agreement establishing terms for food truck operations in a designated space, including rental terms and operational requirements.

Download

Vendor Management Inventory Agreement

A U.S.-governed agreement establishing supplier responsibility for managing customer inventory levels, subject to federal and state commercial laws.

Download

Vendor Commission Agreement

A U.S.-governed agreement establishing commission-based compensation terms between a vendor and company for the sale of products or services.

Download

Master Vendor Contract

A U.S.-governed framework agreement establishing the primary terms and conditions for ongoing supplier-buyer relationships.

Download

Vendor Master Agreement

A U.S.-governed master agreement establishing the primary terms and conditions for ongoing vendor-customer relationships and future transactions.

Download

Vendor Consignment Agreement

A U.S.-governed agreement establishing terms for consignment sales arrangements where a vendor provides goods to a seller while retaining ownership until sale.

Download

Real Estate Sellers Agreement

A U.S.-compliant contract defining terms and conditions for real property sale between seller and buyer.

Download

Vendor Lease Agreement

A U.S.-governed agreement establishing terms for commercial space rental between property owners and vendors.

Download

Vendor Contract Agreement

A U.S.-governed agreement establishing terms and conditions between an organization and its vendors for the provision of goods or services.

Download

Supplier Rebate Agreement

A U.S.-governed agreement establishing terms for supplier rebates based on purchasing volumes or other criteria.

Download

Marketplace Vendor Agreement

A U.S.-governed agreement between an online marketplace platform and its vendors, establishing terms for selling products/services through the platform.

Download

Vendors Agreement

A US-governed agreement establishing terms and conditions between a business and its vendor for the provision of goods or services.

Download

Vendor Partnership Agreement

A U.S.-governed agreement establishing terms and conditions between vendors and their business partners.

Download

Third Party Vendor Contract

A U.S.-governed agreement establishing terms and conditions between an organization and its external service providers.

Download

Retail Vendor Agreement

A U.S.-governed agreement establishing terms between retailers and vendors for product supply and sale relationships.

Download

Event Vendor Contract Agreement

A U.S.-governed agreement establishing terms between event organizers and vendors for event-related services or products.

Download

Vendor Finance Agreement

A US-governed agreement establishing terms for vendor-provided financing of goods or services.

Download

Exclusive Supplier Agreement

U.S.-governed agreement establishing exclusive supply arrangements between supplier and buyer, including terms for pricing, quality, and delivery.

Download
See more related templates

ұԾ’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ұԾ’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it