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Georgia Residential Purchase Agreement

A Georgia residential purchase agreement is a contract that legally binds a seller and a buyer of a residential property. This agreement covers all the important terms for the transaction, including price, financing terms, rights and obligations of both parties, and a closing clause.
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Required Disclosures (2)

Lead-Based Paint Disclosure – Used exclusively when a property built before 1978 is being sold.

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Seller’s Property Disclosure Statement – A specific, standard disclosure form is not required by law in the State of Georgia. However, there is a general requirement for sellers to disclose any material defects to a potential buyer.[1]

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Sources

  1. § 44-1-16