eForms Logo

West Virginia Residential Purchase Agreement

A West Virginia residential purchase agreement is a legal document used by a potential buyer when making an offer to purchase a residence. In the contract, the buyer will indicate the proposed purchase amount along with the conditions the seller must fulfill in order to complete the transaction.
4.8 Stars | 83 Ratings
Downloads: 1,219

State Laws

Buyers Beware – West Virginia is a “caveat emptor” state, which means that sellers are not obligated to disclose material defects to potential buyers. Consequently, the buyer will be responsible for investigating the condition of the property prior to the purchase.

West Virginia law does mention, however, that a licensed real estate agent may not mislead or lie to the buyer in order to influence the sale.[1]

Required Disclosures (2)

Lead-Based Paint Disclosure – For the sale of any residence constructed before 1978, the seller must indicate the existence, if any, of toxic paint by providing the buyer with a lead-based paint disclosure.

Download: PDF

 


Residential Property Disclosure – Sellers can complete a property disclosure to notify buyers of the overall condition of the residence. State law does not require this form to be completed but is recommended as a sign of good faith by the seller.

Download: PDF

 

Sources

  1. § 30-40-19