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20 Types of Real Estate Contracts

Here are 20 types of real estate contracts.

  1. Purchase Agreement: This is the most common real estate contract and is used when a buyer agrees to purchase a property from a seller.
  2. Lease Agreement: This is a contract that outlines the terms and conditions of a rental agreement between a landlord and a tenant.
  3. Option Agreement: This is an agreement where the buyer has the option to purchase a property at a specific price within a certain timeframe.
  4. Right of First Refusal Agreement: This is an agreement where a buyer has the right to purchase a property before it is offered to anyone else.
  5. Land Contract: This is an agreement where the seller provides financing to the buyer for the purchase of the property.
  6. Deed of Trust: This is a contract where the borrower gives a security interest in the property to a trustee who holds the title until the borrower pays off the loan.
  7. Mortgage: This is a contract where the borrower gives the lender a security interest in the property in exchange for a loan.
  8. Purchase Option: This is a contract where the buyer has the option to purchase a property at a future date.
  9. Right of First Offer Agreement: This is an agreement where a buyer has the right to make the first offer on a property before it is offered to anyone else.
  10. Listing Agreement: This is a contract between a seller and a real estate agent that outlines the terms and conditions of the agent’s representation of the seller.
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  1. Exclusive Agency Agreement: This is a listing agreement where the seller agrees to work with only one agent.
  2. Exclusive Right to Sell Agreement: This is a listing agreement where the seller agrees to work exclusively with one agent who will receive a commission regardless of who finds the buyer.
  3. Open Listing Agreement: This is a listing agreement where the seller can work with multiple agents and only pays a commission to the agent who finds the buyer.
  4. Buyer Broker Agreement: This is a contract between a buyer and a real estate agent that outlines the terms and conditions of the agent’s representation of the buyer.
  5. Net Listing Agreement: This is a listing agreement where the seller sets a minimum price for the property and the agent’s commission is any amount above that price.
  6. Joint Venture Agreement: This is an agreement where two or more parties agree to combine resources and work together to purchase or develop a property.
  7. Partnership Agreement: This is an agreement where two or more parties agree to work together to purchase or develop a property and share the profits or losses.
  8. Limited Partnership Agreement: This is a partnership agreement where there are general partners who manage the partnership and limited partners who provide the funding.
  9. Management Agreement: This is an agreement where the owner of a property hires a manager to manage the day-to-day operations of the property.
  10. Option to Renew Agreement: This is an agreement where the tenant has the option to renew their lease for an additional term
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