An Oklahoma Real Estate Purchase Agreement is a legally binding document negotiated and signed by the seller and the buyer in the state of Oklahoma to outline all the details related to the transfer of the real property from one party to the other. It is necessary to cover all the provisions of the deal in writing - the description and the price of the real estate, the condition of the apartment or house and guarantees for both counterparts, the payment schedule and proposed inspections of the real estate - otherwise, the arrangement between the former owner and the new one may be declared invalid.
You may check out the templates below to find a real estate purchase agreement suitable for your situation.
Types of Oklahoma Real Estate Purchase Agreements
- Oklahoma Uniform Contract of Sale of Real Estate - Residential Sale. This is the most common real estate contract used in the state - it is often completed by private citizens who wish to sell and buy the residential property in question, whether the purchase price is paid right away or the purchaser takes out a loan to help with the costs;
- Oklahoma Uniform Contract of Sale of Real Estate - New Home Construction. Filled out to protect the builder's interests, this document can be prepared and signed even if the building in question is not completed - there may be further improvements to the property. By completing this agreement, the buyer can be sure the seller will not enter into a similar transaction with someone else once the home is built.