Fill out an official Florida residential purchase agreement here: [ Ссылка ]

When buying a home, a residential purchase agreement is the most important document in the transaction. Legally binding once signed by both the buyer and seller, it states the agreed-upon purchase price, down payment, closing date, and any contingencies that must be met for the contract to remain valid.

In this video we’ll cover:

How a residential purchase agreement works
Legal requirements in Florida
Whether a buyer or seller can back out of an agreement
What you need to include

Florida laws about seller disclosures:

Johnson v. Davis, 480 So.2d 625 – Disclosure about the property’s material condition, environmental risks, zoning, association membership, or any other factors that may lower the value or desirability of the property

§ 689.261 – Notification of possible increase in property tax

F.S. § 404.056(5) – Exposure to Radon (radioactive) gas on the property

DISCLAIMER:
This video is strictly for educational purposes and is in no way intended to provide legal advice. We do not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any losses and damages in connection with the use of our videos.

#residentialpurchaseagreement #rpa

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0:00 Intro:
0:21 We'll Discuss:
0:39 How Does Residential Purchase Agreement Work:
1:09 Legal Requirements In This State:
2:06 There Is A Title Defect That Cannot Be Cured:
2:18 Seller Did Not Disclose Critical Facts:
2:30 What Should You Include:
2:37 Include Mortgage Pre-Approval Letter:
2:50 Offer An Earnest Money Deposit:
3:02 Use An Addendum To Modify Or Add To The Agreement:

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