Sale By Owner Contract Template – US

Disclaimer

The information provided herein is intended solely for general informational purposes regarding property sale agreements conducted directly by property owners. It does not constitute legal advice and should not be relied upon as a substitute for consulting a qualified attorney specializing in real estate or contractual law. Laws and regulations may vary depending on the jurisdiction, and adjustments may be required to ensure compliance with local requirements. The use of this information is at the user’s own risk, and we assume no liability for any errors, omissions, or consequences resulting from its use without professional review.

Please note: This is a sample Sale By Owner Contract template for the United States, for demonstration purposes only. Actual terms should be tailored to specific situations and legal requirements.

Sale By Owner Contract Sample

Parties Involved:

Seller: John Doe
Address: 123 Maple Avenue, Springfield, IL 62704

Buyer: Jane Smith
Address: 456 Oak Street, Springfield, IL 62705

Property Description:

The property subject to this agreement is located at 789 Pine Lane, Springfield, IL 62706, or other real estate as mutually agreed upon.

Sale Terms:

The seller agrees to sell, and the buyer agrees to purchase, the property for a total purchase price of $250,000, payable as outlined herein. The sale shall close on or before ______________________.

Seller Responsibilities:

The seller commits to providing full disclosure of the property’s condition, maintaining the property in its current state until closing, and cooperating with inspections and negotiations.

Governing Law:

This agreement shall be governed by the laws of the State of Illinois. Any disputes shall be resolved within the jurisdiction of the Springfield courts.

Additional Provisions:

• The buyer shall conduct inspections within ____ days of execution of this agreement.
• This contract may only be modified by written agreement signed by both parties.
• Earnest money shall be deposited within ____ days of signing this contract.

Springfield, ______________________