Real Estate Contract for Sale of Land

This Real Estate Sale Contract (Land Only) is used for transactions involving vacant land. This sale contract does not involve a broker and is for use when the buyer is paying cash for the land, the seller is financing the land purchase or buyer is obtaining a new loan or assuming an existing one. This type of contract constitutes a formal offer and creates a binding obligation when signed by the parties. This sale contract contains the customary terms along with contingency provisions regarding financing and inspections. (continued ...)