What is a real estate contract?

Answer A real estate contract is a written agreement to purchase, sale or exchange real estate between parties. This contract is legally binding based on the conditions stated in the agreement.ComponentsA... Read More »

Top Q&A For: What is a real estate contract

What Is a preliminary real estate contract?

A preliminary real estate contract will consist of the buyer's initial offer. This is a common practice used to negotiate the price of a real property, such as a house or commercial land. Besides t... Read More »

What is a contingency contract in real estate?

A contingency contract in real estate is essentially a clause within the document that enables the buyer to effectively cancel his obligation to move forward in the transaction. While the contingen... Read More »

Real Estate Contract Abbreviations?

A real estate contract is a legal document that details the terms and conditions for the sale, purchase, transfer or other exchange of a real estate property between two parties. Understanding the ... Read More »

How to Cancel a Real Estate Contract?

The 2 major contracts you enter into when you are buying or selling real estate is the contract with your agent or broker and the contract you sign when you agree to buy or sell a house. Most writt... Read More »