Updated July 31, 2023
A Maine commercial real estate purchase and sale agreement is a document used in real estate transactions involving property used for a business purpose. The seller and potential buyer will have their lawyers and real estate agents look through this agreement. A commercial real estate transaction is often a more complex and lengthier process than a residential sale. The first draft of a commercial purchase agreement will contain all the provisions that the seller wishes to include in the document. The agreement will be sent to the buyer, who will then provide their input and make any alterations they deem necessary.
Residential Property
Maine Residential Purchase Agreement – A written arrangement entered into by a buyer and a seller of residential real estate with the intent of settling a successful transaction.
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