Real Estate Purchase Agreement Template - Pennsylvania

A Pennsylvania Real Estate Purchase Agreement is a legally binding contract prepared and signed by private parties (individuals or organizations) who intend to sell and buy real estate. This document releases the previous owner from any responsibility for the building or apartment in question and confirms that the purchaser can now manage the property at their discretion. When you draft this agreement, you must identify the parties who sign the document, state the price of the real estate, list appliances and fixtures included in the transaction, determine the date of closing, and decide who will pay for the home inspection and closing costs.

Pennsylvania does not provide an official Real Estate Purchase Agreement for those looking to buy real estate. Since there are no official forms to record the transfer of ownership of the online form builder or download a ready-made form through the link below.

Note that owners of residential property in the state of Pennsylvania must provide prospective buyers with two more documents - a Property Disclosure Statement that describes all defects and issues that exist at the time of the sale and a Lead Disclosure that lists surfaces and walls of the residence painted with lead-based paint (if the house was built before 1978).