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1. Parties: Identification of seller and buyer with full legal names and addresses
2. Background: Context of the transaction and brief property description
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed legal description of the property being sold
5. Purchase Price: Amount and payment terms
6. Closing: Closing date, location, and requirements
7. Title and Survey: Requirements for clear title and property survey
8. Representations and Warranties: Statements of fact by both parties
9. Default and Remedies: Consequences of breach by either party
1. Financing Contingency: Terms related to buyer's financing requirements when mortgage financing is needed
2. Environmental Matters: Environmental inspections and warranties for commercial properties or properties with potential environmental concerns
3. Mineral Rights: Provisions regarding mineral rights retention/transfer in states where mineral rights are commonly separated from surface rights
1. Property Description Schedule: Detailed legal description of the property including boundaries and easements
2. Title Exceptions Schedule: List of permitted exceptions to title
3. Environmental Reports: Any environmental assessments or reports
4. Property Survey: Current survey of the property
5. Permitted Encumbrances: List of accepted liens or encumbrances on the property
Applicable Law
Business Day
Closing
Closing Date
Deed
Deposit
Effective Date
Encumbrances
Environmental Laws
Escrow Agent
Hazardous Materials
Land
Permitted Exceptions
Property
Purchase Price
Real Property
Survey
Title Commitment
Title Company
Title Insurance Policy
Title Objections
Transaction Documents
Utilities
Zoning Laws
Improvements
Due Diligence Period
Inspection Period
Earnest Money
Force Majeure
Purchase Price
Payment Terms
Title and Survey
Due Diligence
Representations and Warranties
Covenants
Conditions Precedent
Closing Conditions
Property Inspection
Environmental Matters
Default and Remedies
Risk of Loss
Assignment
Notices
Governing Law
Dispute Resolution
Force Majeure
Severability
Entire Agreement
Amendment
Survival
Time of Essence
Broker Commission
Property Access
Contingencies
Title Insurance
Prorations and Adjustments
Indemnification
Confidentiality
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