What is in a Sales Contract?
Your signed offer to purchase is the document you draft which presents your price and terms to the seller. (The name of the document varies. Ask an agent what it is called in your area.) This purchase offer must be complete because when the seller signs it, the document becomes the binding “sales contract” that contains the conditions of the sale. If you forget something in the offer, you usually can’t add it to your sales contract later. Terms and conditions of the contract vary depending on the situation.
