Alabama Purchase and Sale Agreement Form

Use this form to legally bind a property owner and a buyer into an agreement that is typically closed or paid for in a a certain amount of days. The actual day the funds are transferred to the seller is called the “closing date”. After the closing the deed is changed at the county registry and the transaction becomes final.

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Purchase and Sale

Tips

• Seller’s Disclosure Form – To be used to identify any problems or defects with the property of structure of the residence.

• In addition to the agreement there may be disclosure forms and addendums legally required for the buyer and seller to initial and sign.
• Always perform a building inspection and check to make sure there are no pending liens on the property as they will have to be paid for by you after the closing if they are not checked.