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Commercial Real Estate Investment Template
This Commercial Real Estate Investment Contract (“Contract”) is entered into on [Date], by and between:
Seller Personal Information
Name: ____________________________
Address:____________________________
Phone:______________________________
Email: ____________________________
Buyer Personal Information
Name: ____________________________
Address: ____________________________
Phone: ____________________________
Email:____________________________
Property Details:
Address:___________________________
Legal Description:____________________________
Parcel ID/Number: ____________________________
Zoning: ____________________________
Size of Property:____________________________
Purchase Price:
The Buyer agrees to purchase the above-described property from the Seller for a total purchase price of $[Purchase Price:_________________ (“Purchase Price”). The payment for the Purchase Price will be structured in the following manner:
- Earnest Money Deposit: The Buyer shall deposit an earnest money amount of $[Earnest Money:__________________ with [Escrow Agent’s Name] within [Number of Days:_______________ business days after the Effective Date of this Contract.
- Additional Payments: The Buyer shall pay the balance of the Purchase Price in cash or by certified funds at the closing, which shall take place on or before [Closing Date: _______________
Due Diligence Period:
The Buyer shall have a due diligence period of [Number of Days:_______________ business days from the Effective Date to inspect the property, review all relevant documents, and obtain any necessary permits or approvals. If the Buyer is not satisfied with the results of the due diligence, they may terminate this Contract, and the earnest money deposit shall be returned to the Buyer.
Closing:
The closing of the sale shall take place at a mutually agreed-upon location on or before [Closing Date:_______________. At closing, the Seller shall deliver a warranty deed conveying clear and marketable title to the property to the Buyer.
Contingencies:
This Contract is contingent upon the following:
- Financing Contingency: The Buyer’s ability to secure financing for the purchase.
- Inspection Contingency: The results of the due diligence period.
- Appraisal Contingency: The property appraising for at least the Purchase Price.
Representations and Warranties:
Both parties represent and warrant that they have the legal authority to enter into this Contract, and that they have not engaged in any undisclosed actions that would affect the property’s value or condition.
Miscellaneous:
This Contract represents the complete agreement between the parties and overrides any prior agreements or understandings.
This Contract shall be legally binding and shall extend its benefits to both parties and any individuals or entities to whom they may assign or transfer their rights or obligations.
Any disputes arising under or in connection with this Contract shall be resolved through arbitration in accordance with the rules of [Arbitration Organization].
Execution:
This Contract may be signed in multiple copies, each of which shall be considered an original, and together, they shall form a single, binding agreement.
- IN WITNESS WHEREOF, the parties hereto have duly executed this Contract as of the date first mentioned above.
Seller:
Signature: _______________________________
Printed Name: ____________________________
Date: _______________________________
Buyer:
Signature: _______________________________
Printed Name: ____________________________
Date: _______________________________
[Notary acknowledgment, if required]
Please remember that this is a simplified template and should not be used without proper legal review and customization. Commercial real estate transactions are complex and can vary greatly depending on the circumstances and jurisdiction. So it’s essential to consult with a qualified attorney to ensure your contract meets all legal requirements and adequately protects your interests.