Free Offer to Purchase Real Estate

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Create Your Free Offer to Purchase Real Estate

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Offer to Purchase Real Estate

Where is the property located?


Where is the property located?

England

EnglandBuilt for England
Different countries have different rules and regulations. Your Offer to Purchase Real Estate will be customised for England.





Your Offer to Purchase Real Estate

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Offer to Purchase Real Estate Page of
Seller(s) initials: ______________ Date: __________________________

Buyer(s) initials: ______________ Date: __________________________
Page of

Offer to Purchase Real Estate

THIS OFFER TO PURCHASE REAL ESTATE (the "Offer")

IS MADE BY:


_________________________ of _________________________
(the "Buyer")

OF THE FIRST PART

- TO -

_________________________ of _________________________
(the "Seller")

OF THE SECOND PART

SUBJECT TO CONTRACT

Background

The Buyer wishes to submit an offer to purchase a certain completed home from the Seller under the terms stated below.

This Offer is meant to establish the basic terms to be used in a future contract for the sale of the Property between the Seller and the Buyer (collectively the "Parties"). The terms contained in this Offer are not comprehensive and it is expected that additional terms may be added and existing terms may be changed or deleted. The terms are as follows:

  1. Real Property
  2. The legal description of the Property is as follows: ______________________________________________________________
    ______________________________________________________________ located at ________________________________, which includes the fixtures and improvements located on the Property except as provided for in this Offer. All property included within this Offer is referred to as the "Property".

  3. Sales Price
  4. The total purchase price for the Property is £__________ (the "Purchase Price"), payable as follows:
    1. The Buyer will pay a deposit of £______________ (the "Deposit") in cash to __________________________, to be held in escrow, on or before 31 July 2021. On the Closing Date, __________________________ will credit the Deposit to the Seller.
    2. The Buyer will pay the balance of the Purchase Price in cash or equivalent in financing at closing unless otherwise provided in this Offer. The balance will be subject to adjustments.
  5. Return of Deposit
  6. __________________________ will return the Deposit to the Buyer if the Offer is rejected or expires pior to acceptance.
  7. Offer Subject to Contract
  8. This Offer represents a preliminary agreement only and does not create a legally binding sales contract. The sale of the Property will be contingent upon the exchange of a legally binding sales contract.
  9. Closing & Possession
  10. The closing date will be on or be prior to 31 July 2021 (the "Closing Date") or at such other time agreed by the Parties, at which point the Buyer will take possession of the Property.
  11. Energy Performance Certificate
  12. The Seller must provide to the Buyer, free of charge, a valid energy performance certificate on or before 31 July 2021.
  13. Addenda
  14. In addition to any aforementioned required documents, the following documents are also attached and form part of this Offer:
    1. Mortgage offer.
  15. Notices
  16. All notices pursuant to this Offer must be written and signed by the respective party or its agent and all such correspondence will be effective upon it being mailed with return receipt requested, hand-delivered, or transmitted by facsimile as follows:

    Buyer
    Name: _________________________
    Address: _________________________
    Phone: _________________________
    Facsimile: _________________________
    E-mail: _________________________

    Seller
    Name: _________________________
    Address: _________________________
    Phone: _________________________
    Facsimile: _________________________
    E-mail: _________________________

  17. Severability
  18. If any term or provision of this Offer will, to any extent, be determined to be invalid or unenforceable by a court of competent jurisdiction, the remainder of this Offer will not be affected and each unaffected term and provision of this Offer will remain valid and be enforceable to the fullest extent permitted by law.
  19. Interpretation
  20. Headings are inserted for the convenience of the Parties only and are not to be considered when interpreting this Offer. Words in the singular mean and include the plural and vice versa. Words in the masculine gender mean and include the feminine gender and vice versa. Words importing persons include firms and companies and vice versa.
  21. Time of Essence
  22. Time is of the essence in this Offer. Every calendar day except Saturday, Sunday or a bank holiday will be deemed a business day and all relevant time periods in this Offer will be calculated in business days. Performance will be due the next business day if any deadline falls on a Saturday, Sunday or a bank holiday. A business day ends at 5:00 p.m. local time where the Property is situated.

Buyer's Offer

This is an offer to purchase the Property on the above terms and conditions. The Seller has the right to continue to offer the Property for sale and to accept any other offer at any time prior to acceptance by the Seller, subject to the terms of this agreement. If the Seller does not accept this Offer from the Buyer by 31 July 2021, this Offer will lapse and become of no force or effect.

Signature: ____________________________
Buyer's Name: _________________________
Address: _________________________

Date: ____________________________
Phone: _________________________

Marital status: ___Single ___Married ___Separated ___Divorced



Seller's Acceptance/ Counter-Offer/ Rejection

_____Acceptance of offer to purchase: The Seller accepts the foregoing Offer on the terms and conditions specified above, and agrees to convey the Property to the Buyer.

_________________________
Seller's Signature

_________________________
Date

_________________________
Time

_____Counteroffer: The Seller presents for the Buyer's Acceptance the terms of the Buyer's Offer subject to the exceptions or modifications as specified in the attached addendum.

_________________________
Seller's Signature

_________________________
Date

_________________________
Time

_____Rejection: The Seller rejects the foregoing Offer.

_________________________
Seller's Signature

_________________________
Date

_________________________
Time





Seller's Name: _________________________
Address: _________________________

Date: ____________________________
Phone: _________________________

Marital status: ___Single ___Married ___Separated ___Divorced


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