North Carolina Real Estate Purchase Agreement Template

1.) Lead-Based Paint Disclosure: Sellers of homes built before 1978 must inform buyers of any known lead-based paint or hazards within the property (42 U.S. Code § 4852d). 

2.) Mineral, Oil, and Gas Rights (REC Form 4.25): This form requires sellers to disclose whether the mineral, oil, or gas rights for the property have been severed or reserved by a previous partner (§ 47E-4.1). It ensures the buyer understands whether they own the resources beneath their land.

3.) Residential Property and Owners’ Association Disclosure Statement (REC Form 4.22): Sellers must complete this comprehensive report detailing the condition of the home’s systems and whether the property is governed by a homeowners’ association (§ 47E-4). The seller may choose to disclose known issues or mark “No Representation” regarding the property’s status.

1.) Additional Provisions Addendum (Form 2A11-T): This form is frequently used alongside North Carolina’s Standard Residential Purchase Contract (Form 2-T) to address specific scenarios, such as manufactured homes, septic system contingencies, or rental property transfers, that are not covered in the standard purchase agreement.

2.) Guidelines for the Offer to Purchase and Contract: This instructional pamphlet provides step-by-step guidance for completing North Carolina’s Offer to Purchase and Contract (Form 2-T) accurately.

3.) Guidelines for the Offer to Purchase and Contract—New Construction: A step-by-step guide for completing North Carolina’s standard Offer to Purchase for New Constructions (Form 800-T).