A Real Estate Sale Contract is also sometimes simply known as a Real Estate Contract. It is a sales contract that is used for the purchase, sale and transfer of the ownership of real property from a seller to a buyer. Generally they are used for the sale of Residential Real Estate. These types of documents provide for the terms between the buyer and the seller and can include contingencies for financing, surveys, inspections, title matters and much more. Real estate contracts need to comply with certain requirements and should always be in writing to be enforceable.
Definition of Real Estate Sale Contract.