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It specifies what is transferred, including land, improvements, fixtures, plans, and related warranties and claims. The agreement allocates risk by disclaiming Seller representations and requiring Purchaser reliance on its own investigation, including a detailed Hazardous Materials definition. It also addresses purchase price payment at closing, property tax proration, and the survival of key disclaimers for 30 years.","REAL ESTATE PURCHASE AGREEMENT\nThis Real Estate Purchase Agreement (Agreement) is made on [date] (Effective Date), by and between [name of seller] (Seller), whose address is [address], and [name of purchaser] (Purchaser), whose address is [address].\nFor valuable consideration received, the parties agree as follows:\n1. Agreement for Purchase and Sale. Seller shall sell, transfer, and convey to Purchaser, and Purchaser shall purchase from Seller, subject to, and on the terms and conditions set forth in this Agreement, the following (collectively, the “Property”):\n(a) Certain land situated in the ________ of ________, [county], Michigan, and more particularly described in attached Exhibit A (Land), together with the buildings and all other improvements of every kind and nature, all fixtures of every kind and nature located in or on the Land or the Buildings, or any such improvements and all appurtenances and hereditaments to the Land (collectively, the “Improvements”), being commonly known as ________, Michigan\n(b) All of Seller’s rights, title, and interest in and to all plans, specifications, drawings, and other architectural or engineering data relating to the Property (collectively, the “Plans”)\n(c) All warranties, guaranties, sureties, and indemnifications received by or inuring to the benefit of Seller in connection with the ownership, improvement, alteration, repair, restoration, replacement, maintenance, operation, or use of the Property or any portion of it (collectively, the “Warranties”)\n(d) All other claims and causes of action of Seller relating to the design, construction, maintenance, repair, restoration, replacement, improvement, use, damage, or destruction of the Property or any portion of it\n2. Purchase Price. The purchase price for the Property (Purchase Price) shall be $[amount], payable in cash at the Closing (defined in Paragraph 7).\n3. Condition of Property.\n(a) Purchaser acknowledges that, except as otherwise set forth in this Agreement or in any of the Closing documents, Seller has not made, does not make, and specifically negates and disclaims any and all representations, warranties, promises, covenants, agreements, or guaranties of any kind or character whatsoever, whether express or implied, oral or written, past, present or future, of, as to, concerning, or with respect to (i) the value, nature, quality, or condition of the Property, including, without limitation, the water, soil, and geology or structural elements, or foundations; (ii) the suitability of the Property for any or all of Purchaser’s activities and uses; (iii) the compliance of or by the Property with any laws, codes, roles, ordinances, regulations, orders, decrees, or other requirement of any applicable governmental authority or body (collectively, the “Laws”), including, without limitation, compliance with any applicable zoning ordinance; (iv) the habitability, marketability, profitability, or fitness for a particular purpose of the Property; (v) existence in, on, under, or over the Property of any Hazardous Materials (defined below); or (vi) any other matter with respect to the Property. Additionally, no person acting on behalf of Seller is authorized to make, and by execution of this Agreement Purchaser acknowledges that no person has made, any representation, agreement, statement, warranty, guaranty, or promise regarding the Property, and no representation, warranty, agreement, guaranty, statement, or promise, if any, made by any person acting on behalf of Seller shall be valid or binding on Seller unless expressly set forth in this Agreement or in any of the Closing documents. “Hazardous Materials” means any substance that is or contains (A) any “hazardous substance” as now or hereafter defined in §101(14) of the Comprehensive Environmental Response, Compensation, and Liability Act of 1980 (CERCLA), as amended (42 USC 9601 et seq.), or any regulations promulgated under CERCLA; (B) any “hazardous waste” as now or hereafter defined i","cbCaigiNpAMQ29ZT","https://ap.wps.com/l/cbCaigiNpAMQ29ZT","docx",18486,7,"English","en",105,"# Agreement for Purchase and Sale\n# Purchase Price\n# Condition of Property\n## Seller Disclaimers and Purchaser Reliance\n## Hazardous Materials Definition\n# Prorations","[{\"question\":\"What does the agreement define as the “Property”?\",\"answer\":\"It includes specified land in Michigan, together with buildings, improvements, fixtures, appurtenances, and related plans. It also covers certain rights and warranties and other claims relating to the property.\"},{\"question\":\"How are representations and warranties handled in the agreement?\",\"answer\":\"The Seller disclaims and negates most representations and warranties about the property’s value, condition, compliance with laws, habitability, and fitness. Purchaser acknowledges no authorized persons can make binding promises unless expressly stated in the agreement or closing documents.\"},{\"question\":\"What is the Purchaser’s responsibility before closing?\",\"answer\":\"Purchaser is given the opportunity to inspect and must rely solely on its own investigation. Purchaser agrees to waive objections or claims related to the property or hazardous materials except for breach of representations or warranties in the agreement or closing documents.\"}]","REAL ESTATE PURCHASE AGREEMENT - Real Property Purchase Terms and Conditions | DOCX",1788230158,3,{"code":4,"msg":31,"data":32},"ok",{"site_id":24,"language":23,"slug":33,"title":14,"keywords":34,"description":15,"schema_data":35,"social_meta":85,"head_meta":87,"extra_data":89,"updated_unix":28},"real-estate-purchase-agreement-real-property-purchase-terms-and-conditions","",{"@graph":36,"@context":84},[37,53,67],{"@type":38,"itemListElement":39},"BreadcrumbList",[40,44,48,50],{"item":41,"name":42,"@type":43,"position":11},"https://docshare.wps.com","Home","ListItem",{"item":45,"name":46,"@type":43,"position":47},"https://docshare.wps.com/template/","Template",2,{"item":49,"name":13,"@type":43,"position":29},"https://docshare.wps.com/template/letters/",{"item":51,"name":14,"@type":43,"position":52},"https://docshare.wps.com/template/real-estate-purchase-agreement-real-property-purchase-terms-and-conditions/168373/",4,{"url":51,"name":14,"@type":54,"author":55,"headline":14,"publisher":57,"fileFormat":60,"inLanguage":23,"description":15,"dateModified":61,"datePublished":61,"encodingFormat":60,"isAccessibleForFree":62,"interactionStatistic":63},"DigitalDocument",{"name":9,"@type":56},"Person",{"url":41,"name":58,"@type":59},"DocShare","Organization","application/vnd.openxmlformats-officedocument.wordprocessingml.document","2026-09-01",true,{"@type":64,"interactionType":65,"userInteractionCount":11},"InteractionCounter",{"@type":66},"ViewAction",{"@type":68,"mainEntity":69},"FAQPage",[70,76,80],{"name":71,"@type":72,"acceptedAnswer":73},"What does the agreement define as the “Property”?","Question",{"text":74,"@type":75},"It includes specified land in Michigan, together with buildings, improvements, fixtures, appurtenances, and related plans. It also covers certain rights and warranties and other claims relating to the property.","Answer",{"name":77,"@type":72,"acceptedAnswer":78},"How are representations and warranties handled in the agreement?",{"text":79,"@type":75},"The Seller disclaims and negates most representations and warranties about the property’s value, condition, compliance with laws, habitability, and fitness. Purchaser acknowledges no authorized persons can make binding promises unless expressly stated in the agreement or closing documents.",{"name":81,"@type":72,"acceptedAnswer":82},"What is the Purchaser’s responsibility before closing?",{"text":83,"@type":75},"Purchaser is given the opportunity to inspect and must rely solely on its own investigation. Purchaser agrees to waive objections or claims related to the property or hazardous materials except for breach of representations or warranties in the agreement or closing documents.","https://schema.org",{"og:url":51,"og:type":86,"og:title":14,"og:site_name":58,"og:description":15},"article",{"robots":88,"canonical":51},"index,follow",{"doc_id":7,"site_id":24},{"code":4,"msg":5,"data":91},[92,97,102,107,112,117,122,125,130],{"id":93,"doc_module":11,"doc_module_name":46,"category_name":94,"show_sort_weight":95,"slug":96},11,"Presentations",90,"presentations",{"id":98,"doc_module":11,"doc_module_name":46,"category_name":99,"show_sort_weight":100,"slug":101},12,"Resumes",80,"resumes",{"id":103,"doc_module":11,"doc_module_name":46,"category_name":104,"show_sort_weight":105,"slug":106},14,"Invoices",70,"invoices",{"id":108,"doc_module":11,"doc_module_name":46,"category_name":109,"show_sort_weight":110,"slug":111},15,"Posters",60,"posters",{"id":113,"doc_module":11,"doc_module_name":46,"category_name":114,"show_sort_weight":115,"slug":116},16,"Social Media",50,"social-media",{"id":118,"doc_module":11,"doc_module_name":46,"category_name":119,"show_sort_weight":120,"slug":121},17,"Forms",40,"forms",{"id":12,"doc_module":11,"doc_module_name":46,"category_name":13,"show_sort_weight":123,"slug":124},30,"letters",{"id":126,"doc_module":11,"doc_module_name":46,"category_name":127,"show_sort_weight":128,"slug":129},21,"Paper Templates",5,"papers-templates",{"id":131,"doc_module":11,"doc_module_name":46,"category_name":132,"show_sort_weight":4,"slug":133},158,"General","general-158"]