What this hub covers

A residential real estate purchase agreement is the legally binding contract between buyer and seller for the sale of residential property. State law governs the substantive rights, mandatory disclosures, and closing procedures — and they vary materially across jurisdictions.

Why state-specific matters

Using a generic purchase agreement in California will not include the mandatory Transfer Disclosure Statement; a Texas purchase agreement will not include New York’s mansion tax notice. State-specific templates incorporate the disclosures, statutes, and customs that apply where the property is located.