Real Estate Purchase Agreements

The Importance of a Real Estate Purchase Agreement

Trent Guleserian Real Estate

In its most basic form, a Real Estate Purchase Agreement (or “REPA” for short) is a contract between the buyer and the seller in which the parties’ rights, terms, and responsibilities are listed with regards to the purchase of real property. These contracts are often overlooked or inadequately drafted as the parties expect every aspect of the transaction will go …