What real estate forms are needed?

The real estate forms play a very important role in the home selling process. They ensure that the transaction is legal and binding. These forms can either be in standard format that can be used in different states or specific only in certain states. It is, therefore, your duty as the seller to find out the right sale forms required. The real estate sales agreement is the most vital of all the forms. This is sometimes referred to as the purchase agreement, sales agreement or purchase offer. The contract usually details the intention of the buyer to purchase a home as well as other terms and conditions. As required by law, it should always be in written form and signed by the buyer and the seller to be considered legal. Disclosure statements should be provided by the seller to the potential buyer. These include the property disclosure form that states the legal description of the house, its condition, repairs previously done and other defects that still need fixing. The lead paint ...  more