Purchase Agreement for House Example

When it comes to purchasing a house, having a purchase agreement is essential. This legally-binding contract outlines the terms and conditions of the sale, protecting both the buyer and the seller. In this article, we will provide an example of a purchase agreement for a house.


This agreement is made on [DATE] between [SELLER’S NAME], herein referred to as the “seller,” and [BUYER’S NAME], herein referred to as the “buyer.”

Property Description

The seller agrees to sell and the buyer agrees to purchase the property located at [ADDRESS], herein referred to as the “property.”

Purchase Price

The purchase price for the property is agreed to be [SALES PRICE] dollars.

Earnest Money Deposit

The buyer agrees to make an earnest money deposit of [AMOUNT] dollars to the seller by [DATE]. This deposit will be applied towards the purchase price at closing.


This sale is not contingent upon the buyer obtaining financing.


This sale is contingent upon the following:


Closing Date

The closing date for this sale will be on or before [CLOSING DATE]. The closing will be held at [LOCATION], and the seller will provide a clear title and all necessary documents for the transfer of ownership.

Closing Costs

The buyer will be responsible for paying all closing costs associated with this sale, except for the following, which will be paid by the seller:


Property Condition

The property is being sold in its current condition, and the seller makes no warranties or guarantees.

Inspection Period

The buyer has [DAYS] days from the date of this agreement to inspect the property. If the buyer is not satisfied with the property condition, the buyer may terminate this agreement in writing within the inspection period.


If either party defaults on this agreement, the non-defaulting party may terminate this agreement and retain the earnest money deposit.

Governing Law

This agreement will be governed by the laws of the state in which the property is located.

Entire Agreement

This agreement constitutes the entire agreement between the parties and supersedes all prior agreements and understandings, whether written or oral.


A purchase agreement for a house is a crucial document in any real estate transaction. This example outlines the essential terms and conditions that should be included in such an agreement to ensure a successful sale. Remember to consult with a real estate attorney to ensure that your purchase agreement meets all necessary legal requirements.