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Delaware Agreement of Sale for Residential Property Form

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Delaware Agreement of Sale for Residential Property Form
Delaware Agreement of Sale for Residential Property Form
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©Copyright 2009 by Delaware Association of REALTORS®. All Rights Reserved. Revised August 2013. This form has been created exclusively for the use of the association members and
those with written permission. The use of this form for any transaction that does not involve the participation of an association member is strictly prohibited and is in violation of Federal
Copyright laws.
AGREEMENT OF SALE for DELAWARE RESIDENTIAL PROPERTY
This is a legally binding agreement; if not understood, seek competent legal advice prior to signing.
THIS FORM IS DESIGNED AND INTENDED FOR THE SALE AND PURCHASE OF RESIDENTIAL
REAL ESTATE LOCATED IN THE STATE OF DELAWARE
1. PARTIES.
SELLER: _____________________________________________________________________________________________
Address: ______________________________________________________________________________________________
BUYER: ______________________________________________________________________________________________
Address: ______________________________________________________________________________________________
2. PROPERTY. Buyer hereby agrees to purchase from Seller and Seller agrees to convey to Buyer that Property identified as
TAX PARCEL # ___________________________________________________________________________being situated in
______________________________County, Delaware and further identified as:
___________________________________________________________________________________
___________________________________________________________________________________
3. PAYMENT TERMS.
A. PURCHASE PRICE $_____________________________
To be paid as follows:
B. DEPOSIT UPON SIGNING THIS AGREEMENT $_____________________________;
In the form of Check Cash Other ___________________________
C. DEPOSIT DUE WITHIN __________ DAYS OF ACCEPTANCE $_____________________________;
D. ____________________________________________________ $_________________________
Remaining balance will be paid at settlement.
All sums deposited by Buyer prior to the time of final settlement shall be placed in a non-interest bearing escrow account with
Listing Broker ("Escrow Broker") unless otherwise specified in this Agreement. Any funds delivered to the Escrow Broker within
15 calendar days of settlement shall be certified funds. Funds paid by Buyer at settlement shall be in cash, certified check,
cashiers check, treasurer’s check, wire transfer or a Delaware attorney’s escrow check. Seller's net proceeds shall be paid by
check from the settling attorney's escrow account unless other arrangements are made with the attorney.
4. INCLUSIONS/ EXCLUSIONS. Unless specifically excluded by this Agreement the purchase price shall also include the
following, as and if now installed, stored in, or located on the Property: all presently existing plumbing, heating, electrical and
central air conditioning systems; and all other permanent or attached fixtures including but not limited to, all existing shutters,
awnings, wall to wall carpeting, radiator covers, cabinets, shelves, mirrors fixed in place, attic/exhaust fans, lighting and
plumbing fixtures, and landscaping. Certain other now existing items which may be considered personal property, whether
installed or stored upon the Property are included, as follows:
(If neither column is checked, item shall be considered
excluded.
Should the Sellers Disclosure of Real Property Condition Report differ from the below list of included
items, the below list shall supersede):
YES NO YES NO YES NO
Range with oven
Range Hood-exhaust fan
Cooktop-stand alone
Wall Oven(s) #___
Kitchen Refrigerator
with icemaker
Refrigerator(s)-additional #____
Freezer free standing
Ice Maker-free standing
Dishwasher
Disposal
Microwave
Washer
Dryer
Trash Compactor
Water Filter
Water Heater
Sump Pump
Storm Windows/Doors
Screens
Draperies/Curtains
Drapery/Curtain rods
Shades/Blinds
Cornices/Valances
Furnace Humidifier
Smoke Detectors
Carbon Monoxide Detectors
Wood Stove
Fireplace Equipment
Fireplace Screen/Doors
Electronic Air Filter
Window A/C Units #_____
Attic fan
Whole house fan
Bathroom Vents/Fans
Window Fan(s) #_____
Ceiling Fan(s) #_____
Central Vacuum
with attachments
Intercoms
Satellite Dish
with controls & Remote(s)
Wall Mounted Flat Screen TV #_____
Wall brackets for TV #______
Surround sound system &
controls
Solar Equipment
Attached Antenna/Rotor
Garage Opener(s) #_______
with remote(s) #_______
Pool Equipment
Pool cover
Hot Tub, Equipment
with cover
Sheds/Outbuildings #____
Playground Equipment
Irrigation System
Water Conditioner (owned)
Water Conditioner (leased)
Fuel Storage Tank(s) (owned)
Fuel Storage Tank(s) (leased)
Security/Monitoring Systems (owned)
Security/Monitoring Systems (leased)
Seller's Initials _____ _____ Buyer's Initials _____ _____
Delaware Agreement of Sale for Residential Property Form
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