Residential Real Estate Purchase Agreement Template (Simple)
Buy or sell a home: price, earnest money, financing, inspection and closing terms, with blanks for state-required disclosures.
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Simple: a 1โ2 page short form with just the core terms.
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What the sections mean (plain English)
- PROPERTY
- Identifies exactly what the document is about.
- PURCHASE PRICE
- How much is paid, when, and what happens if it's late.
- EARNEST MONEY
- Money held up front and when it's returned or kept.
- FINANCING
- What happens if the buyer needs a loan and can't get one.
- INSPECTIONS
- The buyer's right to have the property checked and back out if problems are found.
- TITLE
- Confirms who legally owns the property and that it will be handed over free of claims.
- SELLER DISCLOSURES
- Information the law may require one side to give the other; your state may require specific forms.
- CLOSING AND POSSESSION
- When and how the deal is finalized and who gets the keys.
- CONDITION AND RISK OF LOSS
- Whether the waiver works only once the money actually clears.
- DEFAULT
- What happens if someone doesn't do what they promised.
- GOVERNING LAW AND VENUE
- Which state's law applies and where any lawsuit must be filed.
- SEVERABILITY
- If a court strikes one clause, the rest still counts.
- ENTIRE AGREEMENT; AMENDMENT
- How this document can be changed later.
- NOTICES
- How the parties must officially contact each other.
- COUNTERPARTS; ELECTRONIC SIGNATURES
- E-signatures are valid and each party can sign separately.
- DISPUTE RESOLUTION
- How disagreements get handled before anyone goes to court.
- Optional clauses
- Extra terms you can switch on or off in step 3. Leave them off if unsure.
How to use this Residential Real Estate Purchase Agreement template
- Answer the guided questions. Your name and company fill in automatically from your profile.
- Pick the governing state and complete the [STATE-SPECIFIC] blanks. Switch optional clauses on or off.
- Check the live preview, then create the document. Signature, initial and date fields are placed for each party.
- Review the fields and send. Each party signs in order, and everyone gets the signed PDF.
Frequently asked questions
Is this Residential Real Estate Purchase Agreement template free?
Yes. You can fill it in, download it and send it for electronic signature with a free E-Sign Auto account.
Is an electronically signed Residential Real Estate Purchase Agreement legally binding?
In the U.S., the federal ESIGN Act and state UETA laws generally give e-signatures the same effect as handwritten ones. Check your state's rules.
Does this template work in my state?
It is a generic, state-neutral starting point. Pick your governing state and complete every blank marked [STATE-SPECIFIC]. This template is not legal advice; consult a licensed attorney in your state.
Who signs, and in what order?
Buyer, then Seller. Each signer gets a secure link in that order, with signature, initial and date fields already placed.