If you do not have a real estate purchase agreement, you and the other party do not have a clear understanding of your rights, the potential risks and the economic impact of these potential risks. Without an agreement, it will be much more difficult to negotiate the extent of each party`s liability and enforce your legal rights. Lead-based Color Opening Form – Regardless of the status of the sale, the seller of real estate built before 1978 is required to provide this disclosure form to the buyer, in accordance with federal law. When an agreement is reached, the seller must complete the disclosure forms and present them to the buyer. These forms inform the seller of any problems or repairs needed in the house as well as hazardous substances in the field. A supplement is usually added to a sales contract to describe a contingency contained in the agreement. Both need the full amount of the purchase needed for the property. Start by reporting how much the seller needs to receive from the buyer to digitally release ownership of the property on the first empty space after the dollar sign. Write this amount in the space in parentheses before the word „dollar.“ For this statement, you must enable one of the items in the box below to complete them. If the buyer files a cash payment for the purchase of the seller`s property, mark the first checkbox declaration. This statement also requires that you set the last calendar date and the last calendar period, when this payment must be made to be considered in accordance with the sales contract. Enter this information in the spaces indicated in the „All Cash Offer“ selection. .