A Massachusetts Real Estate Purchase Agreement is a binding contract that contains the details of the transaction between the seller and purchaser of the real estate. Whether you buy real estate for yourself and your family or act on behalf of the organization, whether you plan to live on the premises or later enter into Lease Agreements and rent commercial property, a bullet-proof agreement will protect your interests. To make this contract valid, you need to clearly identify both individuals or companies that participated in the deal, describe the property to avoid confusion, indicate the compensation provided by the buyer, and agree on the date when the agreement comes into force. Additionally, you can decide which party will pay for the home inspection and ensure the certificate of title.
Massachusetts does not provide an official Real Estate Purchase Agreement for those looking to buy real estate. Make your own Massachusetts Real Estate Purchase Agreement via our online form builder or download a ready-made form through the link below.
Note that the seller of residential property built before 1978 must sign a supplemental document - a Lead Disclosure. It informs potential buyers about the presence of lead-based paint inside the walls and on the surfaces of the premises. Other than that, there are no more forms that guarantee the present condition of the house or apartment - however, most parties still choose to state that the property is sold "as is" in their contract.
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