If you’re in the process of buying or selling a one to four family residential property, you’ll need to fill out a contract to seal the deal. In the state of Texas, the form you’ll need is known as the One to Four Family Residential Contract (Resale) PDF. This contract is an essential document that outlines the terms and conditions of the transaction and serves as a legally binding agreement between the parties involved.

The One to Four Family Residential Contract (Resale) PDF is a comprehensive contract form that covers all aspects of the sale or purchase of a residential property. It includes the property details, purchase price, deposit amount, financing terms, closing date, and a host of other essential information. The contract form also lays out the contingencies and disclosures that must be addressed before the sale can close.

One of the key advantages of the One to Four Family Residential Contract (Resale) PDF, aside from its comprehensive nature, is that it’s designed to protect both buyers and sellers. The contract contains provisions that give both parties assurances that their interests are being held in high regard. For instance, the contract stipulates that the property must be delivered free and clear of any liens and encumbrances. Additionally, it requires the seller to provide the buyer with a title commitment and a survey.

Another critical aspect of the One to Four Family Residential Contract (Resale) PDF is that it sets out the disclosure requirements. Sellers are required to disclose any known defects or issues with the property, such as structural problems, environmental hazards, and other issues that could affect the property’s value or desirability.

In conclusion, if you’re buying or selling a one to four family residential property in Texas, it’s essential to use the One to Four Family Residential Contract (Resale) PDF. This comprehensive and legally binding form will protect both parties and ensure a smooth transaction, free from disputes and complications. As a professional, I strongly recommend that you seek the advice of a real estate professional when completing this important document.