> Florida Real Estate Glosary - Florida Real Estate Contracts

FLORIDA REAL ESTATE GLOSSARY


Introduction

Real estate contracts are available in a variety of formats and clauses. Some formats are so well known and extensively used that they and may be referred to as "standard" contracts. However, in general, "standard" contracts are better described as "commonly used". That's because there may be more than one so-called "standard contract" in any particular state. Such standardized contracts usually have unique name or are referred to by the contract's publisher.

It is very important before signing a real estate contract that you understand that just because a form is called standard doesn't mean that it's the same as all other "standard" forms. You must read the form to know the full terms. Some so-called standard forms may have provisions that wouldn't be appropriate for your particular situation.

Commonly used Florida real estate forms

In Florida, the following forms are commonly used and are generally thought to be appropriate, in general, to both buyers and sellers. However, it may be advantageous for you to use one form over the other in your particular transaction. You are advised to seek counsel from real estate attorney to help choose an appropriate contract.

Here is a listing of other various names that may be applied to real estate contracts:

  • Purchase and Sale Agreement
  • Purchase and Sale Contract
  • Sale and Purchase Agreement
  • Sale and Purchase Contract
  • Standard Real Estate Sales Agreement
  • Standard Real Estate Contract
  • As-is Contract for Sale of Real Estate