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Need sample lot purchase contract


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Brian's Forum Posts: 23
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By Brian in Dexter, MI on 10/4/2006


I made a verbal offer on some land we want to buy, and we are going to meet with the developer tomorrow. Is there a source where I can download some sample lot/land purchase contracts? I have done FSBO real estate in the past without Realtors, but never land. Any help would be appreciated.

Thanks,

Brian


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By Phillip in Tampa, FL on 10/5/2006


Brian:

I always use the most current Association of Realtors contract, and then just mark out the area pertaining to Realtor commissions. Since those are the most common, if a matter ever went to court, the judge would not only have to rule against your contract, but all contracts written by Realtors in that State!

I found a Michigan one you might try. I don't know what area the land is in, but I'm sure this contract would do the job. I try to use contracts from whatever state I am buying the land in, since I'm not a lawyer and don't really know what each state requires to uphold the contract.

You can also search online for Realtor forms - try "michigan realtor land contract" or something similar.

Phillip


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By Brian in Dexter, MI on 10/5/2006


Phillip, 

  Thanks for your response. Your message took me exactly where I needed, and I was able to download this vacant lot purchase contract from the Michigan Board of Realtors.


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