A California residential purchase and sale
agreement is a contract between a buyer that agrees to purchase real estate from a seller for an agreed-upon sales price. All terms and contingencies related to the sale must be included in the same agreement.
At the time of purchase, an earnest money deposit is commonly required by the buyer that is held in a trust account until the closing (or if the agreement terminates).
Table of Contents
Other Versions (2)
ASAP Cash Homebuyer’s Version
First Tuesday Version
Disclosures (12)
Environmental a Hazards Pamphlet
Death on Premises
Homeowner’s Guide to Earthquake Safety
Lead-Based Paint Disclosure
Local Option Real Estate Transfer Statement
Megan’s Law
Natural Hazard Disclosure Statement
Real Estate Tax Disclosure
Transfer
Disclosure Statement (TDS)
Water Heater and Smoke Detector Compliance
Water-Conserving Fixtures and Detector Notice
Wood Destroying Pests and Organisms Inspection Report
Commercial Property
Video
Other Versions (2)
ASAP Cash Homebuyer’s
Version
Download: Adobe PDF
First Tuesday Version
Download:
Adobe PDF
Disclosures (12)
If a buyer should not receive any of the disclosures listed below, they have 3 days to terminate their agreement (or 5 days from the date of mailing) by delivering notice to the seller or seller’s agent
(CC § 1102.3).
Environmental Hazards Pamphlet
(CC § 2079.7) – The buyer must receive a copy.
Download: Adobe PDF
Death on Premises (CC § 1710.2) – A landlord must disclose to a prospective buyer if a death occurred in the unit less than three years before the buyer offers to purchase the unit. This shall not apply if a previous occupant had HIV or died from AIDS-related complications.
Download:
Adobe PDF
Homeowner’s Guide to Earthquake Safety (CC § 2079.8, CC § 2079.9) – Required to be given to the buyer.
Download: Adobe PDF
Lead-Based Paint Disclosure – Must
accompany any purchase agreement about the sale of a property built before 1978.
Download: Adobe PDF
Local Option Real Estate Transfer Statement
(CC § 1102.6a) – Only complete if local jurisdiction requires it.
Download: Adobe PDF
Megan’s Law
(PEN § 290)- The buyer must be provided with the necessary information to search the surrounding area for sex offenders.
Download: Adobe PDF
Natural Hazard Disclosure Statement (CC § 1103.1) – Seller must complete if the property is near any natural hazardous area.
Download:
Adobe PDF
Real Estate Tax Disclosure (CC § 1102.6c) – The following must be included in a lease agreement in 12-point font and a
14-point font title:
Notice of Your ‘Supplemental’ Property Tax Bill
California property tax law requires the Assessor to revalue real property at the time the ownership of the property changes. Because of this law, you may receive one or two supplemental tax bills, depending on when your loan closes.
The supplemental tax bills are not mailed to your lender. If you have arranged for your property tax payments to be paid through an impound account, the
supplemental tax bills will not be paid by your lender. It is your responsibility to pay these supplemental bills directly to the Tax Collector. If you have any question concerning this matter, please call your local Tax Collector’s Office.
Transfer Disclosure Statement (TDS) (CC § 1102) – Specific form required by law to be completed by the seller of a residential property.
Download: Adobe PDF
Water Heater and Smoke Detector Compliance (HSC § 13113.8) – To inform a
buyer that the smoke detector and water heater comply with State law.
Download: Adobe PDF
Water-Conserving Fixtures and Detector Notice (CC § 1101.4) – To inform the buyer about water-conserving fixtures that need to be replaced in new construction and the status of carbon monoxide
detectors.
Download: Adobe PDF
Wood Destroying Pests and Organisms Inspection Report
(BPC § 8516) – To be given to the buyer after the inspection is complete.
Download: Adobe PDF
Commercial Property
Commercial Purchase Agreement – Use this agreement to buy or sell commercial property.
Download:
Adobe PDF
Video
How many types of property agreements are there?
A. There are three types of Tenancy Agreements in India, namely, rent agreement, lease agreement, and leave and license agreement.
What are the types of purchase agreement?
There are two types of purchase agreement types introduced by Odoo, including Call for tender and Blanket Order.
What is the California Residential purchase agreement?
A California residential purchase and sale agreement is a contract between a buyer that agrees to purchase real estate from a seller for an agreed-upon sales price. All terms and contingencies related to the sale must be included in the same agreement.
What are the types of contracts?
On the basis of validity or enforceability, we have five different types of contracts as given below..
