The Arizona Residential Real Estate Purchase and Sale Agreement is a legal document that outlines the terms and conditions for a buyer’s purchase of a property from a seller. It includes details such as the purchase price, closing date, and property condition. The buyer is usually required to provide a deposit, known as “earnest money,” to show their commitment.
Form Options By Type
Standard Residential Lease Agreement
Download: PDF |
Simple (1-Page) Lease Agreement
Download: PDF |
Arizona FAQs and Answers
- Does Arizona have state income tax? Yes.
- Where is Arizona State University (ASU)? Tempe, Arizona.
- Is Arizona state university accredited? Yes.
- Is Arizona a state? Yes.
- When did Arizona become a state? February 14, 1912.
- Does Arizona has state tax? Yes.
- Is Arizona a community property state? Yes.
- Is Arizona a red or blue state? Arizona is a swing state.
- Is Arizona a stop and ID state? Yes.
- Is Arizona an open carry state? Yes.
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.