Contract To Sell House And Lot

Contract To Sell House And Lot for the United States

Contract To Sell House And Lot Template for United States

A Contract to Sell House and Lot is a legally binding agreement used in the United States that outlines the terms and conditions for the sale and purchase of residential real estate. This document includes detailed property descriptions, purchase price, payment terms, closing conditions, and various contingencies. It complies with federal and state-specific real estate laws and typically requires notarization in most U.S. jurisdictions.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Generate a Bespoke Document

1. Select your governing law:

2. Enter your key requirements:

3. Create your document to edit, review or download

Download a Standard Template

Get our United States-compliant Contract To Sell House And Lot

4.6 / 5

4.8 / 5

Alternatively: Run an advanced review of an existing
Contract To Sell House And Lot

Let ��Ƶ's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.

What is a Contract To Sell House And Lot?

The Contract to Sell House and Lot serves as the primary legal instrument for residential real estate transactions in the United States. This document is essential when transferring ownership of residential property, including both the structure and the land it sits on. It protects both buyer and seller interests by clearly defining the terms of sale, property conditions, warranties, and contingencies. The contract must comply with both federal regulations (such as RESPA and TILA) and state-specific real estate laws. It's typically used in traditional home sales, new construction purchases, and investment property transactions.

What sections should be included in a Contract To Sell House And Lot?

1. Parties: Identification of seller and buyer with complete legal names and addresses

2. Background: Context of the sale and property overview

3. Definitions: Key terms used throughout the contract

4. Property Description: Detailed legal description of the property being sold including lot number, boundaries, and address

5. Purchase Price: Amount and payment terms including deposit requirements and payment schedule

6. Closing Date: Specified date for completion of the transaction and transfer of ownership

7. Title and Deed: Requirements for clear title transfer and deed preparation

8. Representations and Warranties: Seller's assertions about the property condition and legal status

9. Default Provisions: Consequences of breach by either party and remedies available

What sections are optional to include in a Contract To Sell House And Lot?

1. Financing Contingency: Conditions related to buyer obtaining mortgage financing, including timeline and requirements

2. Inspection Contingency: Terms for property inspection, timeline, and potential negotiations based on findings

3. HOA Provisions: Terms related to homeowners association, including fees, rules, and transfer requirements

4. Tenant Rights: Provisions regarding existing tenants, lease agreements, and possession timeline

What schedules should be included in a Contract To Sell House And Lot?

1. Schedule A - Property Disclosure Statement: Detailed disclosure of property condition, known defects, and material issues

2. Schedule B - Title Report: Current title status, encumbrances, and liens affecting the property

3. Schedule C - Property Survey: Official survey showing property boundaries, easements, and physical features

4. Schedule D - Inventory of Fixtures: Comprehensive list of included and excluded fixtures and personal property

5. Schedule E - HOA Documents: Homeowners association rules, regulations, financial statements, and transfer requirements

Authors

Alex Denne

Head of Growth (Open Source Law) @ ��Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Cost

Free to use

Relevant legal definitions

Agreement

Effective Date

Business Day

Clauses

Relevant Industries

Real Estate
Banking and Finance
Construction
Property Development

Relevant Teams

Legal
Real Estate
Finance
Compliance
Operations

Relevant Roles

Real Estate Agent
Real Estate Attorney
Property Manager
Title Officer
Mortgage Loan Officer

Industries

Truth in Lending Act (TILA): Federal law requiring disclosure of credit terms and standardizing the manner in which costs associated with borrowing are calculated and disclosed

Real Estate Settlement Procedures Act (RESPA): Federal law requiring lenders, mortgage brokers, and servicers to provide borrowers with pertinent and timely disclosures regarding the nature and costs of real estate settlement process

Fair Housing Act: Federal law prohibiting discrimination in the sale, rental, and financing of housing based on race, color, national origin, religion, sex, familial status, and disability

Interstate Land Sales Full Disclosure Act: Federal law protecting consumers from fraud and abuse in the sale or lease of land

Foreign Investment in Real Property Tax Act (FIRPTA): Federal law imposing income tax on foreign persons disposing of U.S. real property interests

State Property Laws: State-specific laws governing property rights, ownership, and transfer of real estate within the state jurisdiction

State Real Estate Transfer Laws: State-specific regulations governing the process and requirements for transferring real property ownership

State Disclosure Requirements: State-mandated disclosures about property condition, defects, hazards, and other material facts that must be provided to buyers

State Recording Statutes: Laws governing how deeds and other real estate documents must be recorded in public records

State Real Estate Licensing Laws: Regulations governing real estate professionals' licensing requirements and permitted activities

Local Zoning Ordinances: Municipal or county regulations controlling land use, building specifications, and property development

Building Codes: Local regulations establishing minimum standards for construction, modifications, and building safety

Local Transfer Tax Requirements: Municipal or county taxes imposed on real estate transfers and associated documentation requirements

Property Tax Regulations: Local laws governing property tax assessment, rates, and payment requirements

Statute of Frauds: Legal principle requiring real estate contracts to be in writing to be enforceable

Common Law Principles of Contract: Established legal principles governing contract formation, performance, and enforcement

Environmental Regulations: Federal, state, and local laws governing environmental protection, hazards, and required remediation

HOA Rules: Homeowners Association regulations affecting property use, maintenance, and transfer, if applicable

Title Requirements: Legal requirements for establishing and transferring clear title to real property

Deed Requirements: Legal requirements for properly executing and recording property deeds

Find the exact document you need

No matches found.

In A Sale Leaseback Agreement The

A U.S. legal agreement where property is sold and immediately leased back to the seller, combining sale and lease terms in one document.

��������Ƶ

How Cambridge United Uses ��������Ƶ to Speed Up Player Signings and Slash Legal Costs

Generate a Bespoke Document

Download a Standard Template

What is a Contract To Sell House And Lot?

What sections should be included in a Contract To Sell House And Lot?

What sections are optional to include in a Contract To Sell House And Lot?

What schedules should be included in a Contract To Sell House And Lot?

Authors

Alex Denne

Jurisdiction

Publisher

Document Type

Sector

Cost

Find the exact document you need

In A Sale Leaseback Agreement The

Deed Of Sale Without Notary

Contract Of Absolute Sale

Buying And Selling Real Estate Contracts

Puppy Sale Agreement

Pleasure Craft Sales Contract

Sale Deed Without Sale Agreement

Private Vehicle Trade Agreement

Bona Fide Sales Contract

Bailment Agreement Car Dealership

Rv Purchase Agreement

Lease Option Property For Sale

Motor Vehicle Retail Installment Sales Contract

Contract To Sell With Assumption Of Mortgage

Contract Sales Of Goods

Deed Of Sale Of Absolute Sale

Sold As Seen Contract

Agreement To Buy Property

NDA Settlement

Sale And Contract Of Sale

Plot Sale Agreement Form

Addendum Deed Of Sale

Sales Inspection Report And Exclusive Agency Agreement

Standard Sales Contract

Sale Of Horse Contract

Houses For Sale Contract For Deed

Deed Of Sale With Assumption Of Mortgage Car

Deed Of Sale Of Land Rights

Deed Of Sale Of Condominium Unit

Contract Sales Representative

Agreement Of Sale Document

Preliminary Sale Contract

Mobile Home Installment Sale Contract

Deed Of Sale Installment Payment

Conditional Deed Of Sale With Assumption Of Mortgage

Cash Sale House Contract

Agreement Sale Deed

Resale Agreement Draft

Deed Of Sale To Land Title

�ұ�Ծ���’s Security Promise

Your documents are private:

Your documents are protected:

Organizational security:

Templates

Contract Templates

Letter Templates

Policy Templates

Industries

Legal Services

Manufacturing

Construction

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

Generate Legal Docs Free

��Ƶ

How Cambridge United Uses ��Ƶ to Speed Up Player Signings and Slash Legal Costs

�ұ�Ծ��’s Security Promise