Real Estate Purchase Agreement Help Guides

What is a security interest?
A security interest is an interest in property—real estate or otherwise—that secures repayment of a debt or performance of some other obligation. If the party that grants the security interest fails to fulfill its obligation, then the holder of the security interest can normally take possession of the asset in question and sell it in order to recoup...
How to Effectively Use LLCs in a Property Rental Business
Using a limited liability company for a rental property business is one of the better decisions you could make. If you rent property in your name, you could be held liable if someone gets hurt. However, if someone falls and decides to sue the landlord, and your LLC is the landlord, then the person suing may only go after the LLC's assets—not your pe...
Right of Survivorship: Everything You Need to Know
There are many things you should consider when you are purchasing property with another person. One of these things is called the right of survivorship. Right of survivorship can impact what happens to a property if one of the owners passes away before the other one. It is important to understand how this right works and how it can impact various fa...
The Documents You Need to Buy a New Home
Purchasing your first home can be an extremely intimidating process. You are confronted by many terms that you may not understand, and you may not realize how many necessary steps there are in the process. To make matters worse, everyone else,......
Business Formation for Real Estate Investments
Real estate can be a great investment if you plan it correctly. Since the housing market bust in 2008, investors have been wary of starting back up in real estate, but home prices have made a significant recovery since then. Nonetheless, the......
The Key Elements of a Real Estate Purchase Agreement
A purchase agreement is an essential step in the real estate process that outlines prices and terms for real estate transactions. Every element of the sale is covered, from earnest money requirements to well disclosures. The goal is to protect......
How to Create a Real Estate Purchase Agreement
What Is a Real Estate Purchase Agreement? A real estate purchase agreement (a.k.a. purchase and sale agreement) is used to lay out all the important terms of a transaction between a buyer and seller of real estate. LegalNature’s real estate......
Closing a Home Sale: What to Expect
You have either agreed to sell or buy a home and the buyer has paid the earnest money putting the deal into escrow. Now it’s time to complete the final steps! This can be both an exciting and stressful time in getting all your affairs in order......