The first installment in “The Fine Print,” a white paper series from Nochumson P.C., explores why every real estate transaction benefits from a written agreement of sale.
The Legal Foundation of Every Real Estate Transaction
Whether you are buying a condominium in Center City or selling a warehouse in South Philadelphia, every property deal should begin with a clear, written agreement. In Pennsylvania, it is more than just smart practice—it is the law. A written agreement of sale is required for all real estate transactions.
But why do so many states make it mandatory? Because a well-drafted agreement of sale protects everyone involved. It ensures that the buyer, seller, agents, lenders, and other key players are aligned before money changes hands. In high-stakes transactions, clarity is not optional—it is essential.
This white paper breaks down what a solid agreement of sale should include and explains how it can help avoid confusion, delays, and legal issues. It is a practical read for anyone buying or selling property—here in Pennsylvania or anywhere in the country.
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