A Nevada residential real estate purchase and sale agreement is a document that lays out the terms of purchase for a piece of real estate. The contract is made between a purchaser and a seller, and may be refused or negotiated by the other party up until the agreement’s expiration date. The buyer will need to provide the amount that they are offering, how large of a deposit they will make (if any), how they will finance the purchase, and for how long the offer will be open. Furthermore, the buyer may choose to have the property professionally assessed before finalizing the purchase. Once both parties have reached an amicable arrangement, they may close the agreement by signing the document.
Table of Contents
Realtor Version
Nevada Association of Realtors
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Required Disclosures
Lead-Based Paint Disclosure – If a person is purchasing a residence that was built prior to 1978, they must be given a statement that describes the possibility of lead-based paint existing on the property.
Seller’s Real Property Disclosure Form (NRS 113.130)– Nevada requires property sellers to provide buyers with an accounting of the property’s condition at least ten (10) days before transferring ownership. After receiving this notice, the buyer may choose to cancel the purchase.
Commercial Property
Commercial Purchase Agreement – Use this agreement as a legal contract to buy or sell any type of commercial property.
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