A Real Estate Purchase Agreement in Michigan—To Make or Not To Make?

Buying a house or any other property is a huge step, and you should be well-informed and confident before you take it. What is a real estate purchase agreement? What is the best way to draft this document? What should I include in my purchase agreement? We answer all of those questions and more!

to get the scoop on everything related to the real estate purchase agreement in Michigan, and learn how to draft one in no time!

Useful Info About the Purchase Agreement in Michigan

Purchase agreements in Michigan are used as contracts between the buyers and the sellers of real estate. The agreements outline the details and specifics of the transaction.

Notarizing the real estate agreement isn’t mandatory, but notarization is a good way to strengthen your contract. Should any issues arise and the case is taken to court, a notarized agreement can be especially useful.

One of the many perks that come with using DoNotPay is that our app can help you schedule a meeting with a remote notary within minutes!

Tips for Drafting a Michigan Real Estate Purchase Agreement Hassle-Free

Creating a real estate purchase agreement is super stressful and difficult. It takes a lot of time, attention, effort, and research. We jump in to help with a ready-made guide for you to follow and draw up your purchase agreement stress-free! You can also skip the hassle when writing other agreements by signing up for DoNotPay that will draft your legal documents for you! We draw up numerous agreements based on the info you provide to our chatbot in only a few minutes.

Here’s what you must include in your real estate purchase agreement when you’re writing it on your own:

Include	What To Do
Names	State both your and the seller’s full name in the first section of your agreement
Addresses	After you write down the names, ask the seller for his or her address and include it in the agreement
Legal Description	Specify the legal description of the property, meaning its precise geographical location and boundaries
Price and Payment Terms	Say what the purchase price of the property is and include the details regarding the payment, such as the payment: Method Amount Terms
Title Transfer	You should explain how the title will be transferred and state details such as: Date of closing The deed type used to transfer title (usually a warranty deed)
Dates	Include the date and say when you (the buyer) will take possession of the property
Personal Property	If there is any personal property included in the sale, such as furniture or appliances, list all such items in this section
Property Taxes	Decide whether and how property taxes will be prorated
Closing Costs	Who pays the closing costs—the buyer or the seller? Reach an agreement on this and state it clearly
Contingency	Discuss what the contingencies that let a party exit the agreement are and explain them
Signatures	The last step is for both you and the seller to read the agreement carefully and sign it

DoNotPay Drafts Your Agreements for You!

When research gets too overwhelming, and you wish for an easy way out, DoNotPay comes to the rescue! In only a few taps, you can have your agreement drafted and ready for signatures! It takes almost no time or effort, and all there is to do is follow three quick steps to gain access to your contract. This is how:

in any web browser
Type in the name of the document that you want
Supply additional details, such as names and addresses

And you’re done! DoNotPay creates your agreement that you can either print or download. Don’t forget to sign the agreement and get the other parties to do the same.

Check out the list below if you are wondering what contracts and agreements DoNotPay can draft in your stead:

Learn How To Write Other Legal Documents on Your Own!

With DoNotPay, you can get help with more than drawing up the documents stated above! There is no shortage of agreements we can help you with by providing you with useful and accurate info and step-by-step instructions.

If you couldn’t find the contract you were looking for, you should check if we have the template or the guide you need. Some of the documents you can learn about in our learning center include:

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