[FL] Is my eForms Residential Purchase Agreement valid?
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A Florida Residential Purchase Agreement outlines the terms of a transaction between the seller of residential property and the buyer. This typically includes the sale price, financing options, property conditions, and more. After the document is signed by both parties, it becomes legally binding. Yes, it is valid in Florida. You may want to involve a title company to hold any earnest money and maintain funds until closing. They can also issue a title policy.
The eForms document is a valid contract if signed by both parties, and you have earnest money.
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We have completed a Residential Purchase Agreement. The seller, who is out of state, would like to confirm that the completed document we purchased is valid for Florida real estate transactions.
I understand the importance of ensuring the validity of your Residential Purchase Agreement for a Florida real estate transaction. Can you confirm if the document was specifically drafted to comply with Florida state laws?
I completed the form that eForms provided.
Have you consulted with a real estate attorney in Florida to review the Residential Purchase Agreement and provide guidance on its validity for your transaction in the state?
We are asking you to confirm that it is legal for Florida.
Is there anything else the Real Estate Lawyer should know before I connect you? Rest assured they’ll be able to help with document validity.
I don’t think there are any other questions.
Hi, Ray here.
Hello, Ray.
A Florida Residential Purchase Agreement outlines the terms of a transaction between the seller of residential property and the buyer. This typically includes the sale price, financing options, property conditions, and more. After the document is signed by both parties, it becomes legally binding. Yes, it is valid in Florida. You may want to involve a title company to hold any earnest money and maintain funds until closing. They can also issue a title policy.
The eForms document is a valid contract if signed by both parties, and you have earnest money.
You need this too: Mandatory Seller Disclosure Forms
While a seller’s property disclosure form is not required under Florida law, the law does require sellers and their realtors to disclose any significant property defects that may not be easily visible to the buyer. Buyers still have the responsibility to have the property inspected. Seller’s Disclosure Obligation for Property Defects in Florida.
Please let me know if this provides the information you were looking for.
