Free Alabama Real Estate Purchase Agreement Template | PDF | Word

Alabama Real Estate Purchase Agreement Template

An Alabama purchase agreement allows a buyer to submit an offer to a seller. If the seller agrees to its terms, the agreement becomes a legally binding sales contract. Buyers typically offer an earnest money deposit between 2% and 5% of the sales price to indicate good faith in fulfilling the agreement.

Create Document
Adobe PDF icon Adobe PDF
Microsoft Word icon Microsoft Word

Last updated October 21st, 2024

Document Preview

An Alabama purchase agreement allows a buyer to submit an offer to a seller. If the seller agrees to its terms, the agreement becomes a legally binding sales contract. Buyers typically offer an earnest money deposit between 2% and 5% of the sales price to indicate good faith in fulfilling the agreement.

22,509 Downloads
  1. Home »
  2. Purchase Agreements »
  3. Alabama

Buyer Beware (§ 6-9-142) – It is the buyer’s responsibility to “look for himself as to the title and soundness of all property.” A buyer may choose to require the seller to complete a property disclosure statement attesting to structural defects or repairs needed.

Realtor Versions

Birmingham Assoc. of Realtors – PDF

Montgomery Assoc. of Realtors – PDF

Comments