Arkansas Residential Purchase and Sale Agreement

Arkansas purchase and sale agreement is a contract between a buyer and seller for the transfer of a property in exchange for a specific amount. Once the contract is signed, the buyer is required to pay an earnest money deposit, which is non-refundable if their contingencies are met.

Last updated March 13th, 2025

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Purchase and Sale Agreement

State Laws ⚖️

Most Recent US Home Facts

Population (2023): 334,914,895
Median Households (2022): 125,736,353
Median Household Income (2022): $75,149
Owner-occupied Households (2022): 64.8%

Source: U.S. Census Bureau

When does a purchase agreement become legally binding?

The purchase and sale agreement becomes legally binding when both parties sign the contract and the buyer gets the notice that the seller has accepted the deal. The buyer can get the notice in-person, by phone, and/or email.

Arkansas Residential Purchase Agreement Example

https://simpleforms.com/wp-content/uploads/2024/04/Arkansas-Residential-Real-Estate-Purchase-Agreement-1.pdf