How To Make An Offer To Purchase Real Estate

An Offer to purchase real estate is a legally binding contract between two or more parties for the purchase/sale, exchange or otherwise conveying title of property from one party to the other. Most often, the agreement is bilateral in nature and it should conform to contract law in general and in addition, should be set down in writing to be considered as enforceable by law.

In the United States, a contract has to be set in writing to become enforceable, according to the Statue of Frauds. Typically, an Offer shall have the following contents:

March 3, 2008 | Filed Under Legal 
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