Real Estate Purchase Agreement Review Checklist
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Create a real estate purchase agreement review checklist for [property type] transaction.

Transaction details:
- Property type: [residential/commercial/land]
- Purchase price: [$amount]
- Buyer or seller representation: [which side]
- State: [governing law]
- Closing date: [anticipated]

PURCHASE AGREEMENT REVIEW CHECKLIST

PARTIES AND PROPERTY
☐ Correct legal names of all parties
☐ Accurate property legal description
☐ APN or parcel number correct
☐ Personal property included listed
☐ Personal property excluded listed

PRICE AND FINANCING
☐ Purchase price correct
☐ Earnest money amount
☐ Earnest money due date
☐ Financing contingency terms
☐ Loan amount and type
☐ Interest rate cap if any
☐ Appraisal contingency
☐ Cash verification if all cash

CONTINGENCIES
☐ Inspection period: [days]
☐ What inspections permitted
☐ Repair request deadline
☐ Seller response deadline
☐ Financing contingency deadline
☐ Appraisal contingency deadline
☐ Sale of other property contingency
☐ Contingency removal dates

TITLE AND CLOSING
☐ Title company specified
☐ Title insurance type
☐ Closing date
☐ Possession date
☐ Prorations: [taxes/HOA/rent]
☐ Closing cost allocation
☐ Who pays transfer taxes

DISCLOSURES
☐ Required state disclosures included
☐ HOA documents to be provided
☐ Natural hazard disclosure
☐ Lead paint disclosure if pre-1978
☐ Seller disclosures timeline

DEFAULT PROVISIONS
☐ Buyer default consequences
☐ Seller default consequences
☐ Liquidated damages clause
☐ Specific performance available

Note: Real estate laws vary significantly by state — always have local counsel review

Source: https://promptzyo.com/prompt/real-estate-purchase-agreement-review-checklist