Land Purchase Agreement

A land-only purchase contract between buyer and seller covering vacant or undeveloped parcel transactions. The source document defines parties, legal description and size (square feet or acres), earnest money timing and application to purchase price, and detailed purchase-price mechanics including all-cash versus financing contingencies (conventional, FHA, VA, etc.) with verification-of-funds and objection windows. When to use it Use when negotiating the sale of land distinct from a turn-key home sale—especially when surveys, title, financing, and closing costs must be allocated in writing. What it covers • Buyer and seller identification and property legal description fields • Earnest money and escrow/trust treatment checkboxes • Purchase price structure: cash, bank financing, seller financing, or other • Closing, inspections, and default-related clauses as included in the full form Land use, zoning, and environmental diligence are critical—involve a real estate attorney licensed in your state.