860 North Main St. Ext. Wallingford, CT 06492 | (203) 697-1006 | www.SmartMLS.com
PURCHASE AGREEMENT
1
Date:
AGREEMENT BETWEEN
Residing at who hereby agrees to SELL
And
Residing at who hereby agrees to BUY
The property known and described
Including the following extra items
Excluding the following items
Terms and conditions of the sale are as follows:
Price $
Payable $ Cash as a binder herewith, receipt of which is hereby acknowledged.
To be held in escrow by
Payable $ Cash on signing superseding contract (see below).
Payable $ Cash on taking title to the premises on
(closing date)
Payable $ By the buyer obtaining a new mortgage for the amount shown.
This sale is is not contingent
Uponthebuyer’sabilitytoobtainnancingby
(Date)
at the prevailing rate in the approximate amount shown
(# of years)
Contingencies:
Date:
860 North Main St. Ext. Wallingford, CT 06492 | (203) 697-1006 | www.SmartMLS.com
2
Purchaser acknowledges that Seller has (has not ) furnished Purchaser with the Property
Condition Disclosure Form required by Connecticut Public Act 95-311 prior to Purchaser’s execution of
this Agreement. If such Disclosure has not been furnished, Seller shall give and Purchaser shall receive a
credit of $500 against the purchase price at closing.
Premises will be conveyed by a Warranty Deed, free from all encumbrances except as stated herein; but if
it appears there are additional encumbrances when the superseding contract is prepared, which are not
insurable with title insurance, the buyer may cancel this agreement and recover his/her down payment
unless he/she is willing to take title subject to them.
Contract of sale to be signed on or before , 20
Thisagreementtoremaininforceandeectandconstituteavalidcontractbetweenpartiesheretounless,
or until, superseded by further contract between parties, incorporating detailed description of the property
for adjustment of taxes, rent, interest, insurance, premiums, etc.
The SELLER and the BUYER further agree that the above stipulations are to apply to and bind the heirs,
executors, administrators and assigns of the respective parties.
ACCEPTED SELLER
Signed Date
Name Date
Signed Date
Name Date
Witness Date
ACCEPTED PURCHASER
Signed Date
Name Date
Signed Date
Name Date
Witness Date
LISTING
Agent Date
Agency Date
Attorney Name Date
SELLING
Agent Date
Agency Date
Attorney Name Date
ACCEPTANCE DATE: