Contract To Sell Condo Template for United States

Create a bespoke document in minutes, or upload and review your own.

4.6 / 5

4.8 / 5

Let's create your Contract To Sell Condo

1. Select your governing law and document type:

2. Enter your key requirements:

3. Create your document to edit, review or download

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Contract To Sell Condo

"I need a Contract to Sell Condo for my luxury beachfront unit in Miami, with specific provisions for hurricane insurance and a closing date of March 15, 2025. The sale includes custom-built furniture and two designated parking spaces."

Document background

The Contract to Sell Condo serves as the primary legal instrument for transferring ownership of condominium properties in the United States. This document is essential when a property owner wishes to sell their condominium unit to a buyer, establishing the rights and obligations of both parties. The contract includes crucial elements such as property details, purchase price, payment schedule, closing requirements, and specific conditions related to condominium ownership. It must comply with both federal housing laws and state-specific real estate regulations, while also incorporating relevant HOA rules and requirements.

Suggested Sections

1. Parties: Identification of buyer and seller with full legal names and addresses

2. Background: Context of the transaction and property description

3. Definitions: Key terms used throughout the contract

4. Property Description: Detailed description of the condominium unit and included elements

5. Purchase Price: Agreed price and payment terms

6. Closing Date and Process: Specified date for completion of the transaction and closing procedures

7. Title and Ownership: Provisions regarding property title, transfer, and warranties

8. Representations and Warranties: Statements of fact and guarantees made by both parties

9. Default and Remedies: Consequences and remedies in case of contract breach

10. Governing Law: Specification of applicable laws and jurisdiction

Optional Sections

1. Financing Contingency: Conditions related to buyer obtaining mortgage financing

2. Inspection Contingency: Conditions related to property inspection and buyer's right to terminate based on findings

3. Sale of Existing Home Contingency: Conditions linking purchase to sale of buyer's current property

4. Association Approval: Requirements for obtaining HOA or condo association approval of the sale

5. Special Assessments: Provisions regarding pending or proposed special assessments by the association

Suggested Schedules

1. Schedule A - Property Floor Plan: Detailed layout of the condominium unit

2. Schedule B - HOA Documents: Association bylaws, rules, and regulations

3. Schedule C - Property Disclosure Statement: Seller's disclosure of property condition and known issues

4. Schedule D - Parking Assignment: Details of any assigned parking spaces or storage units

5. Schedule E - Inventory of Fixtures and Furnishings: List of items included or excluded from the sale

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co

Relevant legal definitions

Clauses

Relevant Industries

Real Estate
Property Development
Property Management

Relevant Teams

Real Estate
Legal
Sales
Property Management

Relevant Roles

Real Estate Agent
Property Manager
Real Estate Attorney
Title Officer
Property Developer
Real Estate Broker

Industries

Fair Housing Act: Federal law prohibiting discrimination in housing transactions based on race, color, religion, sex, national origin, familial status, or disability

Interstate Land Sales Full Disclosure Act: Federal law requiring developers to provide detailed information about their development projects to potential buyers

Truth in Lending Act: Federal law requiring lenders to provide standardized disclosures about credit terms and costs when financing is involved

Real Estate Settlement Procedures Act: Federal law governing real estate settlement processes and requiring specific disclosures for real estate transactions

State Property Laws: State-specific laws governing property rights, transfers, and obligations

State Real Estate Transaction Requirements: State-specific requirements for conducting real estate transactions, including documentation and procedures

State Disclosure Requirements: State-mandated disclosures about property condition, defects, and other material facts

State Condominium Act: State-specific legislation governing condominium creation, operation, and sale

Local Condominium Ordinances: Municipal or county-level regulations specific to condominium properties

HOA Regulations: Rules and regulations set by the Homeowners Association governing the condominium complex

Condominium Declaration and Bylaws: Governing documents specific to the condominium development that outline rights, restrictions, and obligations

Statute of Frauds: Legal requirement that real estate contracts must be in writing to be enforceable

Recording Requirements: State and local requirements for recording property transfers and related documents

Zoning Laws: Local regulations governing property use and development

Building Codes: Local construction and safety standards applicable to the property

Property Tax Regulations: Local and state rules governing property taxation and assessment

Transfer Tax Requirements: State and local taxes imposed on real estate transfers

Title Insurance Requirements: State regulations regarding title insurance and property ownership verification

Find the exact document you need

Private Party Boat Purchase Agreement

A legal agreement for the private sale of watercraft in the United States, outlining terms of sale and transfer of ownership.

How a Sales & Marketing Lead uses Genie AI to reduce contract drafting time by 95%

Let's create your Contract To Sell Condo

Authors

Alex Denne

Find the exact document you need

Private Party Boat Purchase Agreement

Standard Residential Purchase Agreement

Simple Aircraft Purchase Agreement

Residential Buy Sell Agreement

Vacant Land Real Estate Contract

Used Motor Vehicle Purchase Contract

Standard Buyer Seller Agreement

Single Family Purchase And Sales Agreement

Residential Lot Purchase Agreement

Real Estate Contract To Sell A House

Property Sales Contract Between Seller And Buyer Form

Buy Sell Purchase Agreement

As Is Sales Agreement Car

Agreement For Selling Property

For Sale By Owner Buy Sell Agreement

Generic Purchase And Sale Agreement

Contract To Buy And Sell Real Estate Residential

Agreement To Buy And Sell Real Estate Residential

Home Purchase Sales Contract

Bill Of Sale Asset Purchase

Standard House Purchase Contract

Short Form Purchase And Sale Agreement

New Construction Purchase And Sale Agreement

Condo Purchase And Sale Agreement

Commercial Buy Sell Agreement

Agreement To Sell Shares

Standard Land Purchase And Sale Agreement

Modular Home Purchase Agreement

Simple Home Purchase Contract

Contract For Selling A Car In Payments

Contract For Selling A House By Owner

Vacant Land Lot Purchase Contract

Contract To Sell Lot

Agreement Of Purchase And Sale Form

Residential Contract For Sale And Purchase

Buy Sell Agreement Business

Offer To Sell Real Estate Form

House Buying Agreement

Real Estate Intent To Purchase Form

Business Purchase Term Sheet

Private Land Purchase Agreement

Agreement To Sell Real Estate Form

Third Party Car Sale Contract

Purchase And Sale Agreement Extension Form

Standard Real Estate Purchase Contract

Short Sale Purchase Agreement

Letter Of Intent For Buying Property

Legal Contract For Selling A Car With Payments

Formal Agreement For Sale And Purchase

Contract To Sell Condo

Commercial Agreement Of Purchase And Sale

Business Purchase Agreement Contract

Business Opportunity Purchase And Sale Agreement

Agreement For Sale Of Motor Vehicle

Seller Friendly Asset Purchase Agreement

Sale Purchase Agreement Draft

Simple Commercial Real Estate Purchase Agreement

Purchase And Sale Form

Private Party Car Sale Contract

Offer To Purchase Real Estate Form Private Sale

Contract For Sale Of Commercial Property

Commercial Real Estate Purchase Contract

Buy And Sell Agreement Form

Mineral Rights Purchase And Sale Agreement

Lot Purchase Contract

Vehicle Sale Purchase Agreement

Residential Sale Contract

Real Estate Buyers Agreement Form

Purchase Agreement For Camper

Offer To Purchase And Sale Agreement

Home Buy Sell Agreement

Buy Sell Agreement For A House

Asset Purchase Agreement Installment Payments

Purchase Agreement Mobile Home Bill Of Sale

Home Sale Agreement