A real estate contract is a contract for the purchase / sale, exchange or other transport of real estate between the parties. The real estate calls state leasehold are actually a rental of real property as an apartment, and leases (lease) covering such as rents typically do not lead to facts. Carriage of freehold ( More permanent ) of real estate are covered by contracts for real estate, including transportation title of honorary, states of life, state of rest, and easements simple freehold. The real estate contracts are contracts typically bilateral (ie, agreed nearly two parties) and should make the legal requirements specified by the contract law in general and should also be in writing to be enforceable.

In much of country, the contracts of real estate must be written with being executory. In the United States the statute of the frauds require contracts of real estate to be written to being executory. In South Africa, the alienation of the ground act indicates that any agreement of the sale of the real goods must be in the writing.

Moreover, one contract of real estate must:

* Identify the parts: The name and first names of the parts must be on the contract. In a sale contract, the parts are the seller(s) and the buyer(s) real estate, which is often called the principal ones to distinguish them from the real estate agents, which are effectively their intermediaries and representatives in the negotiation of the price. If there are real estate agents sponsorisant the sale, they are typically enumerated also while the real estate sponsorisent which would gain the selling commission.
* Identify the real estate (property): At least the address, but preferably legal description must be on the contract.
* Identify the purchase price of purchase: The quantity of the reasonably detectable figure or selling price (an evaluation to be achieved on a future date) must be on the contract.
* Include the signatures: A contract of real estate must be written in voluntarily (not by the force), and must be signed by the parts, to be executory.
* Have a legal goal: The contract is empty if it claims the illegal action.
* Imply the qualified parts : The mentally deteriorated and doped people, etc cannot start a contract. The contracts in which at least one of the parts is a minor are rescindable by the minor.

Sometimes, real estate contracts to provide a lawyer period of several days after the signing by the parties to check the provisions of the contract and any counterpropose not suitable.

If there are real estate brokers, agents brokering the sale, the buyer 's agent often fill in the blanks on a form of the standard contract for the buyer (s) and seller (s) to sign. The broker is commonly these forms of contract a Real Estate Association, he / she belongs. When the buyer and seller have agreed to the contract signing, the broker provides copies of the signed contract to the buyer and seller.