Below is a sample of the current (4-2014) version of the standard San Francisco Association of Realtors Contract for the Purchase and Sale of Real Property. The contract is, of course, the foundation of the transaction between buyer and seller, and how it is written – how the price and terms are delineated – is of critical importance. There are a number of decisions regarding conditions of sale, due diligence, arbitration, liquidated damages, close of escrow date and so on that will have to be made by the buyer in their offer and ultimately agreed to by the seller, though the final agreement may include changes made in counter offers.
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