Agreement - To Buy and Sell Real Estate (Residential) - 1/2020 Form 310 - Contract

Sep 16, 2026

Uploaded by Liam

Legally binding real estate purchase and sale agreement for residential property, defining buyer and seller responsibilities, required legal counsel, and key contractual terms. Specifies effective date, good funds payment obligations, purchase price handling, and time-of-the-essence under South Carolina local time. Covers property scope, required conveyance terms, closing attorney coordination, possession and title delivery, and earnest money payment, escrow agent duties, and conditions for termination if funds are not timely delivered.

LanguageEnglish

CategoryForms

FormatPDF

Pages9

Reading Time3 min

AccessFree to download

Parties and Definitions

Purchase Price and Payment Terms

Property Scope and Maintenance

Conveyance, Closing, and Possession

Earnest Money and Escrow

AGREEMENT/CONTRACT: TO BUY AND SELL REAL ESTATE (RESIDENTIAL) PARTIES ARE SOLELY RESPONSIBLE FOR OBTAINING LEGAL ADVICE PRIOR TO SIGNING THIS CONTRACT AND DURING THE TRANSACTION. REAL ESTATE LICENSEES RECOMMEND OBTAINING LEGAL COUNSEL. 1. PARTIES: This legally binding Agreement (“Contract”) To Buy and Sell Real Estate is entered into by: Buyer(s), (“Buyer”), and Seller(s), (“Seller”) . (A) “Party” -defined as either Buyer or Seller,“Parties” defined as both Buyer and Seller. (B) “Brokers” are licensed South Carolina brokers-in-charge, their associated real estate licensees, and their subagents. (C)“Closing Attorney” - is the licensed South Carolina attorney selected by Buyer to coordinate the transaction and Closing. , (D)“Effective Date” -the final date upon which a Party to the negotiation places the final and required signatures and/or initials and date on this Contract and Delivers Notice to initially cause this primary Contract to be binding on all Parties. (E)“Good Funds” -is the transfer of the required amount of United States Dollars (USD) within any required timeframe. (F) “Time” -all time stated shall be South Carolina local time. Time is of the essence with respect to all provisions of this Contract stipulating time, deadline, or performance periods. BUYER SELLER IS A SOUTH CAROLINA REAL ESTATE LICENSEE (initials) BUYER(s) acknowledges receipt of the SC Disclosure of Brokerage Relationships form and is receiving Client Customer service in this transaction. (initials) SELLER(s) acknowledges receipt of the SC Disclosure of Brokerage Relationships form and is receiving Client Customer service in this transaction. 2. PURCHASE PRICE: $ Payable by transfer of Good Funds via Finance or a combination of Finance and Cash USD or Cash USD. Verification of Cash available for Closing is attached not attached to be Delivered before . This Contract is is not contingent upon the sale and closing of Buyer's real property and SCR504 is is not attached. 3. PROPERTY: Hereby acknowledging sufficient good Contract consideration ([e.g. mutual](e.g. mutual) promises herein), Seller will sell and convey and Buyer will buy for the Purchase Price any and all lot or parcel of land, appurtenant interests, improvements, landscape, systems, and fixtures if any thereon and further described below ("Property") . Seller agrees to maintain in operable condition the Property and any personal property conveying in same operable condition, including any landscaping, grounds and any agreed upon repairs or replacements, from the Effective Date through Closing subject to normal operable wear and tear. Buyer acknowledges opportunity to inquire about owners association issues, common area issues, condominium master deed issues, assigned parking/storage areas, memberships, lease issues and financed equipment prior to signing Contract. Leasing issues and items and financed equipment see Adjustments (e.g. tenants, leases, future vacation renters, SC vacation rental act reservations, rents, deposits, documents, solar panels, fuel tanks with fuel, alarm systems, satellite equipment, roll carts) . Address Unit \# City State of South Carolina Zip County of Lot Block Section/Phase Subdivision Other Tax Map Parties agree that no personal property will transfer as part of this sale, except described below and/or in attachment(s): [ ] BUYER [ ] BUYER [ ] SELLER [ ] SELLER [ ] BUYER [ ] BUYER [ ] SELLER [ ] SELLER HAVE READ THIS PAGE 1/2020 FORM 310 PAGE 1 of 9 Phone: Fax: 4. CONVEYANCE/CLOSING/POSSESSION: “Closing” occurs when Seller conveys Property to Buyer and occurs no later than 5 PM on or before , (“Closing Date”) . Conveyance shall be fee simple made subject to all easements, reservations, rights of way, restrictive covenants of record (provided they do not make the title unmarketable or adversely affect the use/value of the Property in a material way) a

FAQs

Who are considered the parties in this residential real estate contract?

The buyer(s) and seller(s) are the parties. The agreement also defines brokers and the closing attorney as relevant participants in the transaction.

What does the contract require for the purchase price payment?

Payment must be made with good funds, transferred within required timeframes. Cash verification for closing is addressed, along with whether the contract is contingent on the sale of the buyer’s property.

How is earnest money handled and what happens if it is not delivered on time?

Earnest money is paid in an approved form and credited to the buyer at closing or disbursed per written agreement, court order, or contract terms. If earnest money is not delivered by the agreed date, the seller may terminate the contract by delivering a notice of termination to the buyer.

Sep 16, 2026

Uploaded by Liam