Commercial Real Estate Purchase Agreement Template

You can open the Commercial Real Estate Purchase Agreement Template in multiple formats, including PDF, Word, and Google Docs.


Sample

Commercial Real Estate Purchase Agreement Template

Printable | Editable Form




Commercial Real Estate Purchase Agreement Template (1)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This document formalizes the agreement for the purchase of commercial real estate, signed on [Contract Date], concerning the property located at [Property Address].
Clause 1: Property Description
The property being sold is described as follows: [Provide detailed description of the property, including any structures, land size, and zoning information].
Clause 2: Purchase Price
The total purchase price for the property is [Amount], to be paid according to the following terms: [Specify payment structure, such as deposit amount, closing costs, and financing details].
Clause 3: Closing Date
The closing of the purchase shall take place on [Closing Date] at [Specify Location].
Clause 4: Inspections and Due Diligence
The Buyer shall have the right to conduct inspections and due diligence assessments of the property prior to closing, within a period of [Specify timeframe].
Clause 5: Contingencies
This agreement is contingent upon [List contingencies, such as financing approval, property appraisals, or title searches].
Clause 6: Default and Remedies
In the event of default by either party, the non-defaulting party shall have the right to [Specify remedies such as retaining the deposit, seeking specific performance, or other legal actions].
Clause 7: Governing Law
This agreement shall be governed by the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]
Commercial Real Estate Purchase Agreement Template (2)
Between:
[Name of the Seller]
[Seller’s ID]
[Seller’s Address]
[Seller’s Phone]
[Seller’s Email]
And:
[Name of the Buyer]
[Buyer’s ID]
[Buyer’s Address]
Introduction:
This Purchase Agreement is made and entered into on [Contract Date] for the sale of the commercial property located at [Property Address].
Clause 1: Description of the Property
The property consists of [Describe property in detail including size, type, and condition].
Clause 2: Purchase Amount
The agreed purchase price is [Amount], which shall be paid as follows: [Outline the payment schedule and any deposits made].
Clause 3: Date and Location of Closing
The closing will occur on [Closing Date], at [Specify Location], unless otherwise agreed by both parties.
Clause 4: Buyer’s Rights for Inspection
The Buyer may conduct inspections and investigations of the property during the period from [Inspection Period Start] to [Inspection Period End].
Clause 5: Conditions of Sale
The sale is subject to the following conditions: [List conditions such as financing, satisfactory inspection results, etc.].
Clause 6: Breach of Agreement
In case of breach by either party, the affected party may seek remedies, including [Specify remedies or procedures].
Clause 7: Applicable Law
The terms of this agreement shall be construed in accordance with the laws of [Jurisdiction].
Signed in [City], [Date].
Sincerely,
[Signature of the Seller]
[Name of the Seller]
[Signature of the Buyer]
[Name of the Buyer]

Form

Please complete the form below to create the Commercial Real Estate Purchase Agreement Template. All fields must be filled out to ensure a clear and comprehensive agreement. We provide examples to guide you through each step.

Commercial Real Estate Purchase Agreement Template

1. Buyer Information


2. Seller Information


3. Property Details


4. Purchase Price
($)

5. Earnest Money Deposit
($)

6. Financing Contingency

7. Closing Date

8. Title and Ownership

9. Property Condition

10. Rights and Responsibilities

11. Indemnification Clause

12. Dispute Resolution

13. Signatures and Acceptance

14. Declaration and Signatures




PDF


WORD

Printable

Commercial Real Estate Purchase Agreement Template

Printable | Editable Form




Commercial Real Estate Purchase Agreement Template