West Virginia Real Estate Sales Agreement

If the buyer accepts the conditions of sale, both parties can sign the document to consolidate the contract. Disclosure of material defects by the seller (§36-12-4) – The purchase contract must contain a part that insists on the mention of all known material defects that the property presents to an interested buyer. The buyer is responsible for resolving any of the problems mentioned and either accepting the property as is, or requesting the repair of a defect by the seller before the sale. The expiry date of the contract is specified in the text. The contract contains detailed information about the seller and buyer of real estate; the description of the property; the purchase price and the serious money of the contract; the type of funding; Conditions of ownership, etc. The contract is very detailed because it is signed without the services of a broker. .