Rhode Island Commercial Real Estate Purchase and Sale Agreement

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Updated June 14, 2022

A Rhode Island commercial real estate purchase and sale agreement is drafted when making an offer to purchase a property designated for business use. After a buyer shows interest in acquiring a particular commercial space, they can make a purchase offer by submitting to the seller an agreement complete with their contractual contingencies. The seller has until the expiration date of the agreement to determine whether the proposal should be approved, denied, or if a counteroffer should be prepared. If both parties consent to the conditions while the offer is valid, the agreement can be signed to create a legally binding contract.

Realtor Version

Rhode Island Commercial Purchase and Sale AgreementAdobe PDF

Residential Property

Rhode Island Residential Purchase Agreement – A legally binding contract that includes all the necessary terms and conditions for the sale and purchase of residential property.

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