The Apartment Sales Contract is a crucial legal document used in U.S. real estate transactions for the transfer of apartment ownership. This contract type is essential when selling or purchasing apartment units, whether they are condominiums, co-ops, or other multi-unit residential properties. It includes vital information such as property details, purchase price, payment terms, closing conditions, and various contingencies. The document must comply with federal regulations like the Fair Housing Act and RESPA, as well as state-specific real estate laws and local ordinances. It serves as the primary agreement between buyer and seller, establishing their rights and obligations throughout the transaction process.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership of your docs
1. Parties: Identification of seller and buyer with complete legal names and addresses
2. Background: Context of the sale and brief property description
3. Definitions: Key terms used throughout the contract
4. Property Description: Detailed description of the apartment including address and legal description
5. Purchase Price: Amount and payment terms
6. Closing Details: Date, location, and requirements for closing
7. Representations and Warranties: Statements of fact by both parties
8. Default Provisions: Consequences of breach by either party
1. Financing Contingency: Terms related to buyer's ability to secure mortgage financing
2. Inspection Contingency: Terms related to property inspection rights and timeframes
3. Association Rules: Reference to HOA or condo association rules and requirements
1. Schedule A - Property Floor Plan: Detailed layout of the apartment
2. Schedule B - Title Documents: Current title documentation and search results
3. Schedule C - Property Disclosure Statement: Seller's disclosure of property condition and known issues
4. Schedule D - Association Documents: HOA/Condo association rules, bylaws, and financial statements
Find the exact document you need
Vacant Land Sale Contract
A U.S. legal agreement governing the sale and purchase of undeveloped land, incorporating state and local property regulations.
Download
Real Estate Buy And Sell Agreement
A U.S. legal contract governing the sale and purchase of real property, compliant with federal and state-specific real estate laws.
Download
Business Sell Agreement
A U.S. legal document governing the sale and purchase of a business, including terms, conditions, and obligations of all parties involved.
Download
Apartment Sales Contract
A U.S.-compliant contract governing the sale and purchase of apartment properties, incorporating federal and state-specific real estate regulations.
Download
Residential Real Estate Purchase Contract
A legally binding agreement for residential property transactions in the United States, outlining terms and conditions of sale between buyer and seller.
Download
Buyout Agreement
A U.S.-governed agreement that documents the terms and conditions for purchasing ownership interests or assets of a business.
Download
ұԾ’s Security Promise
Genie is the safest place to draft. Here’s how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; ұԾ’s AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it
.png)