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1. Parties: Identification of buyer and seller with full legal names and addresses
2. Background: Context of the transaction and property description
3. Definitions: Key terms used throughout the agreement
4. Property Description: Detailed description of the property including all units and common areas
5. Purchase Price: Amount and payment terms
6. Due Diligence: Inspection period and requirements
7. Closing Conditions: Requirements to be met before closing
8. Representations and Warranties: Statements of fact by both parties
1. Financing Contingency: Terms related to buyer's ability to obtain financing - include when buyer requires financing to complete purchase
2. Property Management: Transition of property management responsibilities - include when property has existing management
3. Tenant Rights: Provisions regarding existing tenants - include when property has existing tenants
1. Property Description Schedule: Detailed legal description of property
2. Rent Roll: Current tenant list with lease terms and rents
3. Due Diligence Documents: List of required documents for review
4. Environmental Reports: Any existing environmental assessments
5. Property Financials: Historical financial statements and operating expenses
Property
Closing
Closing Date
Deposit
Due Diligence Period
Due Diligence Documents
Effective Date
Escrow Agent
Existing Leases
Fixtures
Improvements
Land
Personal Property
Purchase Price
Rent Roll
Security Deposits
Seller's Knowledge
Service Contracts
Tenant(s)
Title Company
Title Policy
Transfer Documents
Units
Common Areas
Operating Expenses
Permitted Exceptions
Property Manager
Environmental Laws
Hazardous Materials
Material Adverse Effect
Business Day
Force Majeure
Governmental Authority
Permitted Assignee
Property Information
Survey
Title Commitment
Utilities
Purchase Price
Deposit
Due Diligence
Title and Survey
Representations and Warranties
Covenants
Conditions Precedent
Closing
Prorations and Adjustments
Assignment and Transfer
Default and Remedies
Risk of Loss
Broker Commission
Environmental Matters
Property Condition
Existing Tenancies
Service Contracts
Indemnification
Casualty and Condemnation
Confidentiality
Notice Requirements
Force Majeure
Governing Law
Dispute Resolution
Assignment
Severability
Entire Agreement
Amendment
Waiver
Time of Essence
Counterparts
Survival
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