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Vermont Residential Purchase Agreement

A Vermont residential purchase agreement is a contract that a potential home buyer will negotiate with a seller when offering to purchase a property. The process of purchasing a home begins with the buyer outlining the terms in the contract and providing the document to the seller or their agent.
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Required Disclosures (2)

Lead-Based Paint Disclosure – Homeowners must provide this disclosure to buyers when selling any property constructed before 1978.

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Additional Lead Disclosures:


Seller’s Property Disclosure – If a seller sells their home using the services of a licensed agent, the agent must provide the buyer with a property disclosure statement that informs the buyer of any material defects and other details pertaining to the condition of the property.[1]

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Sources

  1. § 2296(4)