A Real Estate Offer is a first offer to buy a plot of real property and serves as a starting
point for future negotiations. Important issues to consider when making an offer, in
addition to price, include any contingencies, financing options, down payment, and
others. This document in its draft form contains numerous of the standard clauses
commonly used in these types of agreements; however, additional language may be
added to allow for customization to ensure the specific terms of the parties’ agreement
are addressed. This document should be used by individuals that want to make an
official offer to purchase real estate.
OFFER TO PURCHASE REAL PROPERTY
The property referred to herein shall be identified as follows: the land and buildings
situated on and together with land containing _______________Square Feet, more or less,
located at _____________________________________________ and further described in the
__________________________County Registry of Deeds Book ________ Page ________
(hereinafter the “Property”).
I, ________ (hereinafter “Buyer”), hereby offer to buy said Property for a total
purchase price of _______ dollars ($__) on the following terms and conditions (hereinafter the
“Offer”):
TERMS
1. FINANCING TERMS
a) Obtaining the loan(s) referenced in Paragraph (c) and Paragraph (d) of this Financing
Terms Paragraph is a contingency of this Offer.
b) Initial Deposit:
c) First Loan in the Amount of:
d) Additional Financing Terms:
e) Balance of Purchase Price:
2. EXPIRATION OF OFFER
The Offer set forth herein shall be deemed revoked and the Initial Deposit shall be returned
unless the Offer is signed by Seller and a copy of the signed Offer is personally received by
Buyer on or before [TIME] on [DATE].
3. FURTHER ASSURANCES
The parties hereto shall, on or before _____________________ AM/PM on
______________, _____ execute a [APPLICABLE STANDARD FORM] or any form
substantially similar thereto, which, when executed, shall more fully memorialize the terms and
conditions of the Offer as between the parties.
4. MARKETABLE TITLE
A good and sufficient deed, conveying a good and clear record and marketable title shall be
delivered by _______ Noon on __________________, ________, at the appropriate Registry
of Deeds, unless some other time and place are mutually agreed upon in writing.
5. DEFAULT
If Buyer does not fulfill its obligations under this Offer, the above mentioned Initial
Deposit shall be forfeited by Buyer and shall become property of the Seller.
6. TIME IS OF THE ESSENCE
Time is of the essence with respect to all provisions of this Offer [specify a time for
performance]; provided, however, that the foregoing shall not be construed to limit or deprive a
party of the benefits of any grace or use period allowed herein.
SIGNED BY:
__________________________________
[BUYER’S NAME]
ACCEPTED BY:
__________________________________
[SELLER’S NAME]
© Copyright 2013 Docstoc Inc. 3
INFORMATION AND FORMS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND
INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS
FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL DOCSTOC, INC., OR ITS AGENTS, OFFICERS, ATTORNEYS,
ETC., BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF
PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE
THE MATERIALS, EVEN IF DOCSTOC HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. They are for
guidance and should be modified by you or your attorney to meet your specific needs and the laws of your state or jurisdiction. Use at
your own risk. Docstoc® is NOT providing legal or any other kind of advice and is not creating or entering into an Attorney-Client
relationship. The information, reports, and forms are not a substitute for the advice of your own attorney. The law is a personal matter
and no general information or forms or like the kind Docstoc provides can always correctly fit every circumstance.
Note: Carefully read and follow the Instructions and Comments contained in this document for your customization to suit your specific
circumstances and requirements. You will want to delete the Instructions and Comments from open bracket (“[“) to close bracket (“]”)
after reading and following them. You (or your attorney) may want to make additional modifications to meet your specific needs and the
laws of your state. The Instructions and Comments are not a substitute for the advice of your own attorney.
◊ Where within this document you see this symbol: ◊ or an instruction states “Insert any number you choose◊,” or something similar, or
there is a blank for the user to complete, please note that although Docstoc believes the information or number may be any that the user
chooses,