Properties can be of several types such as commercial estates, business estates, etc. A commercial real estate contract is generally drafted to legalize and validate the relationship between the contractor and the buyer. A variety of elements can define this relationship. Depending on these elements, the type of contract is defined.
184+ Real Estate Templates in PDF, Word, Excel, PSD, HTML5, WordPress, Google Docs, PowerPoint, InDesign, Apple Pages, Google Sheets, Publisher, Apple Numbers, Illustrator, Apple Keynote, Google Slides - START DOWNLOADING
6 Steps to Make a Commercial Real Estate Contract
Step 1: Provide a Title
To make the commercial real estate contract, you can use any type of software application you want. This includes Word, Google Docs, Pages, etc. Choose any one of them and create a new document in it. The first thing to include in the contract is the title. For this, you can write ‘Commercial Real Estate Contract’.
Step 2: Identify the Involved Parties
The next step of making the contract is to identify the parties that are involved. For any real estate contract, generally, there are two parties involved: the contractor or the estate agent and the buyer. Provide the accurate details of the parties including their names, addresses, and contact details. You also need to mention here the details of the property.
Step 3: Specify the Earnest Money
Earnest money refers to the sum of money that the buyer provides the seller to prove to the seller that the buyer is serious about the contract. This sum is generally inclusive of the purchase price of the property. It is not mandatory to provide this sum; it depends upon the preference of the seller.
Step 4: Specify the Purchase Price
The purchase price of the property refers to the total amount that the buyer has to pay for the property. This amount is generally parallel to the original purchase price of the property. In other words, this amount is the same as the amount at which the house had been bought. This amount should also include the earnest amount.
Step 5: Specify Closing Date and Closing Costs
The closing date refers to the date when the buyer will get possession of the property. This is also the day when the original owner of the property will remove all his or her belongings from the property. The closing costs include the taxes and fees that must be paid for the property. It should be mentioned in the contract which party will pay what amount.
Step 6: Specify the Contingencies
The contingencies to be inserted in the contract are first negotiated by the involved parties. The contingencies to be included in your contract can be such as appraisal, home inspection, financing, etc. Usually, these contingencies are decided upon by the buyer.
13+ Commercial Real Estate Contract Templates
1. Real Estate Contract Amendment Template
An amendment is made to a contract when some part or clause of the contract needs to be changed. This change can be in the form of an addition, removal or update. Is there a clause that you need to change in your real estate contract? Then you need to use our contract template in Word to amend the contract. This template can also be downloaded in Word and Pages format.
2. Real Estate Purchase Contract Template
A purchase contract is drafted when a prospective buyer agrees to buy a property from another person or a real estate agency. Drafting contracts like these can be tough jobs. However, it will not be so if you make use of this contract template in Google Docs. This template can ease your task of creating the real estate purchase contract.
3. Real Estate Investment Contract Template
Contracts for real estate can be of several different types depending on the need for the contract. For instance, if a client wants to invest in a property, then you would need to draft a real estate investment contract. And this contract template in Pages is here to help you exactly with this task. You can use this template to form proper such contracts.
4. Real Estate for Sale By Owner Contract Template
You have a property in the country that you have put up for sale. An interested buyer has made an offer on that property. Now, what do you do? You have to draft a contract to legalize the sale of the property. That is where our editable contract template can guide you. This template will help you to make such a contract that is suited to your needs.
5. Private Sale Real Estate Contract Template
Real estates can be sold in two types of ways, you can either have a private sale for the buyer or you can sell the property at a public auction. Accordingly, the contracts for each id different from the other. Our real estate contract template is the one to use if you have to make the contract for a private sale. The template is available to be downloaded in sizes A4 and US Letter.
6. Real Estate Agent Contract Template
When a client wishes to buy or sell a property, a real estate agent is the person they go to. The agent is the one who prepares the contract for the buying and selling of real estate. Do you want to make such a contract for you and the client? Then this contract template in PDF is just the thing for you! This template provides a similar model contract that can assist you as a guide.
7. Residential Real Estate Contract Template
A residential real estate contract is a binding legal document that is signed between the buyer of the property and the seller of the property. Drafting such contracts can prove to be a demanding task. But it is not so if you can use our contract template. With this template, you can get access to a sample residential real estate contract.
8. Residential Real Estate Sale Contract Template
You have finally closed the estate deal with your client. Now your first course of action should be to make the contract for the same. We understand that everyone is not adept at making such contracts. Which is why we are offering our residential real estate sale contract template. This contract is the best tool out there to use to make your estate contract.
9. Standard Form Real Estate Contract Template
With this real estate form template, you can get your hands on a file containing a standard estate contract form. The template just requires the user to input the required details in the given blank spaces. The template also features original and suggestive headings and content written by professional writers. Can’t resist so many features? Then hurry and get this template now!
10. Real Estate Purchase Contract Template in PDF
No matter the importance of a contract, there is one thing that all real estate agents will agree on: drafting the contract is very demanding. What if you could make this demanding task seem not so demanding anymore? Yes, you can. All you have to do download the template in PDF format and you are good to go.
11. Contract for Sale of Real Estate Template
You have a property that a prospective buyer has agreed to purchase. So how do you legalize this agreement? The answer is to make a real estate contract. For this exact task, we are giving you our Contract for Sale of Real Estate Template. This template has been specially designed to help you make contracts for the sale of real estate.
12. Real Estate Listing Contract Template
Real estate refers to the process of putting up the properties you own for sale or rent. In other words, you advertise your properties so that buyers get interested to buy them. You can make use of our listing contract template to make the list for your real estate. The template is available to be downloaded in PDF format. You can also use the template to make a commercial agreement.
13. Residential Real Estate Purchase Contract Template
Nobody has time nowadays to sit down and patiently draft a contract from scratch be it for any purpose. That is why we are providing you access to this blank real estate template. This template features a blank ready-made property contract that just requires you to fill in the necessary details. You can download this template on both Mac and Windows operating systems.
14. Real Estate Purchase Contract in DOC
A real estate contract is drafted and signed by the seller and the buyer to ensure that there are misunderstandings in the future regarding the purchase of the property. If you want to make a solid such contract, then you need to download this Real Estate Purchase Contract in DOC. This template provides a usable contract that you can use for your needs. The template can even be edited to make a commercial rental agreement.